Asgard ewrap Investment

Transcription

1 Asgard ewrap Investment Supplementary Financial Services Guide and IDPS Guide (SFSG) This SFSG, dated 2 February 2015, supplements information contained in the Financial Services Guide (and IDPS Guide) (FSG) dated 1 July 2014 for Asgard ewrap Investment. In this SFSG, unless otherwise stated, a reference to a page number is to a page number in the FSG. This SFSG is issued by Asgard Capital Management Limited ABN , AFSL (Asgard). It should be read together with the FSG. On page 5, replace the 2nd paragraph under the heading Your financial adviser with the following: Your financial adviser has online access to your account via AdviserNET. Through AdviserNET, your financial adviser can make amendments to your account (e.g. update your personal details, set up new features and so on), transact on your account (such as submitting buy and sell instructions) and generate various types of reports to help them make informed decisions about your investments. On page 5, replace the 3rd bullet point under the heading Authority to operate with the following: changing your Nominated Account and any external linked accounts, On page 5, replace the paragraph under the heading Authority to transfer cash with the following: You can elect to give your financial adviser authority to initiate one-off or regular cash transfers between your Cash Account and bank accounts approved by you (i.e. your Nominated Account, external linked accounts and any other Cash Accounts held under your client number), on your behalf using AdviserNET. For more information on these account types, refer to the Cash Account PDS. On page 17, insert the following new section before the Performance fees section: Related party investment arrangements and transactions Some of the managed investments and term deposits available through Asgard ewrap Investment are issued or managed by companies within the Westpac Group. These Westpac Group companies receive fees in relation to your investment in the relevant managed investments and term deposits, which may include contribution fees, management fees, performance fees, withdrawal fees and other fees as specified in the product disclosure statement or other disclosure document for the relevant managed investments and term deposits. Your Cash Account is a bank account offered by a company in the Westpac Group. Related parties will receive fees for services they provide. All arrangements are on an arm s length basis. Where a managed investment is issued or managed by a company in the Westpac Group, the same investment selection criteria applicable to managed investments issued or managed by unrelated parties applies. We also have policies that govern how we manage actual and perceived conflicts of interest that may arise and these policies apply to the managed investment selection process. AS33364_0115ex Asgard ewrap Investment Supplementary Financial Services Guide and IDPS Guide (SFSG) 1

2 INVESTMENT Financial Services Guide (and IDPS Guide) ISSUE DATE: 1 JULY 2014 Asgard ewrap Investment

3 Operator and Administrator of Asgard ewrap Investment and issuer of this Financial Services Guide (and IDPS Guide) (Guide) Asgard Capital Management Ltd (Asgard) ABN AFSL This Guide is available from licensed financial advisers across Australia. Who can apply? The offer or invitation to which this Guide relates is only available to persons receiving this Guide in Australia who are aged 18 years or over. We are not obliged to accept your application to open an Asgard ewrap Investment. If you do not reside in Australia, we may decide not to accept any instructions from your financial adviser to buy managed investments. Before applying Before applying for an Asgard ewrap Investment account, it is important that you read the following documents: Document Asgard ewrap Investment Financial Services Guide (and IDPS Guide) (Guide) ewrap Investment Additional Information Booklet (AIB) ecash/cash Connect (Cash Account) Product Disclosure Statement (PDS) Available Products List What it contains? General information about Asgard ewrap Investment Detailed information about how ewrap Investment works, in particular: your investment options how your account works tax features other information terms and conditions relating to share trading, and glossary. The AIB is available online at Information about the Cash Account that is the central component of the Asgard ewrap Investment account List of the managed investments available through Asgard ewrap Investment You can obtain copies of these documents free of charge from your financial adviser or by calling our Customer Relations team on Investing through Asgard ewrap Investment Unless otherwise disclosed in the offer document for the relevant financial product, the managed investments and listed securities you select and the Asgard ewrap Investment account are not deposits with, investments in, or other liabilities of, Westpac or any other company within the Westpac Group. They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Asgard and Westpac (including other companies within the Westpac Group) do not in any way stand behind or otherwise guarantee the capital value and/or the performance of the specific investments you select or the Asgard ewrap Investment account generally.

4 ontents 1. About Asgard ewrap Investment 2 2. How Asgard ewrap Investment works 5 3. Investing involves risks Fees and other costs General information Quick reference guide 25 About Asgard Asgard Capital Management Ltd ABN Australian Financial Services Licence (AFSL) ( Asgard, we, us and our ) is the operator, custodian and administrator of Asgard ewrap Investment. Asgard prepared this Guide on 3 June 2014, but the issue date is 1 July Asgard is a subsidiary of Westpac Banking Corporation ABN AFSL (Westpac) and a member of the Westpac Group. We re authorised by our AFSL to operate Investor Directed Portfolio Services (IDPS), provide financial product advice and deal in certain financial products such as securities and managed investment products. This Guide This document is a Financial Services Guide issued by Asgard. It s also an IDPS Guide and as such includes the statements and other information required by Class Order [CO 13/763] issued by the Australian Securities and Investments Commission (ASIC) regulating IDPSs. ASIC does not take any responsibility for the contents of this document. The purpose of this Guide is to provide you with general and prescribed information about Asgard ewrap Investment, which is a financial service, and to assist you, in conjunction with your financial adviser, to decide whether to use Asgard ewrap Investment. The contents of this Guide are set out above. Amongst other things, this Guide contains information about: the fees, costs and remuneration that may be paid to financial services licensees and other relevant persons in relation to Asgard ewrap Investment, and our complaints resolution process. This Guide is up to date as at the time of preparation. From time to time we may change or update information in this Guide that is not materially adverse to your interests, provided we give you a means of finding out about these changes. You can do this by calling our Customer Relations team on or, if you are an existing investor, you can check Investor Online which can be accessed via www. investoronline.info 24 hours a day, 7 days a week. You can also obtain a paper copy of the updated information free of charge by contacting your financial adviser or by calling our Customer Relations team. A copy of the ecash and CASH Connect (Cash Account) PDS, which sets out the features, costs and terms and conditions applying to the Cash Account options can be obtained free of charge from your adviser or by calling our Customer Relations team on About Asgard ewrap Investment The managed investments and custodial shares components of Asgard ewrap Investment are an IDPS. The Cash Account is a bank account offered by St.George Bank (St.George, St.George Bank or the Bank), a division of Westpac, in respect of which you may pay fees to St.George. General advice The provision of the investments available through Asgard ewrap Investment or any other investment information, example or statement in this Guide should not be taken as the giving of investment advice by us as we re not aware of your investment objectives, financial situation and particular needs. No action should be taken on any information in this Guide without consideration of your particular financial situation and investment objectives and needs. In providing the services relating to listed securities, we act as a participant in the Clearing House Electronic Sub-register System (CHESS), a clearing and settlement facility operated by ASX Settlement Pty Ltd (ASX Settlement). Asgard ewrap Investment 1

5 1. bout Asgard ewrap Investment Asgard ewrap Investment is an administration facility where you have an easy-to-use, electronic wrap account providing you with access to cash, term deposits, managed investments and listed securities. Asgard ewrap Investment provides you with a total solution to help achieve your investment goals. Simple and clear reporting, with consolidated transaction and valuation information provided on your investments, makes it easy for you and your financial adviser to manage your financial affairs. Features of investing through Asgard ewrap Investment As an investor with an Asgard ewrap Investment account, you have access to a wide range of flexible features that allow you, with the help of your financial adviser, to tailor your account to suit your financial needs. These features include: Extensive investment menu. You have access to a Cash Account, term deposits, managed investments and ASX listed securities including direct shares, listed property and exchange traded funds (ETFs) (with the exception of mfund products 1 and exchange traded Australian Government Bonds). Wholesale prices and fee rebates. The managed investments available are typically not available to retail investors directly and generally have lower investment fees than retail managed investments. We may also be able to negotiate rebates on the fees charged by some investment managers which will be fully passed on to investors. For more information, refer to the Fees and other costs section in this Guide. Choice of Cash Account. The Cash Account is the central component of Asgard ewrap Investment and the source of funds for your investments. You can choose whether the Cash Account is an electronic account with a higher interest rate and no transaction fees (ecash) or a cash management account with cheque book, branch access and optional Visa debit card (CASH Connect). More information on the Cash Account options, including applicable conditions, is contained in the Cash Account PDS which can be obtained free of charge from your financial adviser or by calling our Customer Relations team on Flexible ways to deposit and withdraw money from your account. You have access to various options such as electronic funds transfer, cheque and direct deposit to deposit money into your account. Using Internet and Phone Banking (with all its features and functionalities), you can easily move money from your Cash Account to where you need it quickly and simply. Furthermore, if you have a CASH Connect account, you have the convenience of a cheque book and can withdraw cash at any St.George, BankSA and/or Bank of Melbourne branch or by using your VISA debit card. If required, you can request your financial adviser to initiate one-off and regular cash transfers between your Cash Account and other bank accounts nominated by you. Choice of share trading accounts. Choose how you want to manage listed securities and corporate actions in your account through either a Sponsored or Custodial share arrangement. Optional features. You can automatically invest excess cash, rebalance your portfolio and make regular deposits into your Cash Account so you and your financial adviser may spend more valuable time developing your investment strategy. Tax management. When you wish to sell investments held through your account, you can, with the help of your financial adviser, nominate the specific tax parcels of managed investments to sell and choose the tax parcel selection method for listed securities. The opportunity to control the amount of capital gain or loss you incur when selling investments means you and your financial adviser can better manage your capital gains tax position. Margin loan facility is available if you want to borrow money to invest. 1. An mfund product is an unlisted managed fund admitted for settlement under the ASX Operating Rules and available to investors through the mfund Settlement Service. mfund products are not currently available through ewrap Investment. 2 Asgard ewrap Investment About Asgard ewrap Investment

6 In-specie transfer managed investments and listed securities (excluding mfunds and exchange traded Australian Government Bonds) that you hold through another IDPS provider or hold directly in your name into your Asgard ewrap Investment account free of charge (provided these investments are on the Available Products List which you can obtain free of charge from your financial adviser or by calling our Customer Relations team on ). While capital gains tax will not be payable on the transfer in most circumstances, you should seek professional advice on the taxation and stamp duty implications of transferring investments into your Asgard ewrap Investment account. Consolidated reporting. You can get one clear view of all the investments you hold through your account. You can view your account online, 24 hours a day, 7 days a week via Investor Online. Following the end of each financial year, you will also receive a comprehensive Investor Report providing you with a clear snapshot of all your investments in one easy-to-understand document and a Tax Report to help you with your annual tax return. Snapshot of Asgard ewrap Investment Minimums Minimum suggested account value Minimum deposit Minimum balance in the Cash Account Minimum buy or sell managed investments listed securities Minimum withdrawal $100,000 No minimum $1,000 $100 per managed investment We set no minimum, however, transaction values may be stated by the ASX and/or minimum holdings may be applicable for some company shares. No minimum Account features Investment options Optional features Share account types Margin Lending Insurance Cash Term Deposits Managed investments more than 450 Listed securities most CHESS-approved ASX-listed securities Regular deposit plan Regular withdrawal plan Regular buy Regular sell Automatically invest excess cash Automatically rebalance your portfolio Income reinvestment Choose between a Custodial share account (securities held in our name) or a Sponsored share account (securities held in your name). The ewrap Margin Lending facility enables you to borrow money to invest in managed investments and listed securities through your account. For more information please refer to the ewrap Margin Lending PDS which you can obtain from your financial adviser or our Customer Relations team. Margin lending may also be available through external providers. Through Asgard ewrap Investment, you can access a wide range of life insurance cover and have the insurance premiums deducted from your Cash Account. For further information on insurance, refer to the relevant insurance product disclosure statement available from your financial adviser or our Customer Relations team. Existing investors can also obtain a copy of the relevant product disclosure statement through Investor Online. Asgard ewrap Investment About Asgard ewrap Investment 3

7 Fees and other costs (For more information, see the Fees and other costs section in this Guide) Administration fee (applicable to managed investments, including term deposits, and listed securities) Account Balance Managed investments (incl. term deposits) only fee (% p.a.) # First $100, Listed securities only fee (% p.a.)^ Next $150, Next $500, Next $2,250, Balance over $3 million Nil Nil For account balances less than $100,000, the minimum daily administration fee is: $2.25 $2.41 # Fees are shown including Goods and Services Tax (GST) net of a Reduced Input Tax Credit (RITC) of 7.5%. RITC can be claimed for the part of our administration fee applying to managed investments (including term deposits), resulting in a net GST recovery of only 2.5% and a lower administration fee. See the Fees and other costs section of this Guide for further details. ^ Includes full GST of 10%. No RITC applies. If you hold both managed investments (including term deposits) and listed securities through your account, the actual effective percentage administration fee charged will range between the percentages shown in the two columns depending on the respective values of the managed investments (incl. term deposits) and listed securities that you hold. See the worked example in the Fees and other costs section in this Guide. Expense recovery Investment manager fees Wholesale prices and fee rebates Flexible financial adviser remuneration structure Share settlement fee Custodial share account fee We have discretion in deciding whether to pass on to investors all or a portion of the expenses incurred by us for costs such as complying with legislative requirements. These fees apply to the underlying managed investments listed in the Available Products List which you can access from your financial adviser or our Customer Relations team. Existing investors can also obtain a copy of the managed investment product disclosure statements through Investor Online. We may negotiate rebates on the fees charged by some investment managers which will be passed on to investors in full. Investors with an account open at the time the rebate is credited (generally quarterly) may benefit from these rebates. You can negotiate the fees to be paid to your financial adviser for financial advice and related services provided to you in relation to your account. We provide you with the flexibility to determine how and when your financial adviser should be paid. $22 (including GST) This fee is included in brokerage charges for trades placed through E*TRADE. This fee is dependant on the broker used to place the share trades. $300 p.a. (including GST, net of RITC) applies from the day your Custodial share account is set up even if there are no listed securities held through your account. Keeping you informed Reporting Investor Online Customer Relations team You will receive: Annual Investor Report Annual Tax Report Tax invoices (available upon request)^ Half-yearly Cash Account statements issued by St.George ^ Following the registration of Asgard ewrap Investment as an entity for GST purposes, the tax invoices will detail GST on the portion of our administration fee charged on listed securities held through your account and any adviser remuneration you have agreed to pay your financial adviser. You will have online access to your account details and reports through Investor Online accessed via 24 hours a day, 7 days a week. Call us on or send an to [email protected] 4 Asgard ewrap Investment About Asgard ewrap Investment

8 2. ow Asgard ewrap Investment works Asgard ewrap Investment You Your Financial Adviser Investment options Your Cash Account Your Account Consolidated reporting Your financial adviser Your financial adviser is integral to your Asgard ewrap Investment account. You need to have a financial adviser to open and operate your Asgard ewrap Investment account. Your financial adviser has online access to your account via AdviserNET. Through AdviserNET, your financial adviser can make amendments to your account (e.g. update your personal or bank account details, set up new features and so on), transact on your account ( such as submitting buy and sell instructions) and generate various types of reports to help them make informed decisions about your investments. Whether your financial adviser can transact or make amendments to your account on AdviserNET without notifying you first, depends on the level of authority you grant to your financial adviser. Authority to operate You can decide what level of authority your financial adviser holds for operating your account. There are two levels of authority: 1. Investor directed authority You must authorise each instruction (transaction or account amendment) in writing before your financial adviser submits it to us online (and, in the case of listed securities, to a panel broker). 2. Authority to operate This allows your financial adviser to submit investment instructions to us online (and, in the case of listed securities, to a panel broker) and amend your account details on your behalf, without prior authorisation from you. Unless we advise you otherwise, the authority to operate allows your financial adviser to submit all instructions on your behalf except instructions such as: changing the name of your account, transferring funds out of your Cash Account to fund a payment request, changing your nominated bank account and any external linked accounts, changing your name or address if you hold listed securities in your account, applying for a share trading account, and in relation to any other matters outlined in this Guide that may require your personal instructions. Authority to transfer cash You can elect to give your financial adviser authority to initiate one-off or regular cash transfers between your Cash Account and bank accounts approved by you (i.e. your nominated bank account, external linked accounts and any other Cash Accounts held under your client number), on your behalf using AdviserNET. For more information on these account types, refer to the Cash Account PDS. Change of adviser or adviser s authority to operate If you change your financial adviser or cancel your financial adviser s authority to operate, you must tell us immediately. If you change your financial adviser and don t inform us, we ll continue to act on the authority to operate you granted to your previous financial adviser. Asgard ewrap Investment How Asgard ewrap Investment works 5

9 Removal of financial adviser from your account Asgard ewrap Investment is designed to be used by you together with your financial adviser. For that reason, you will need to have a financial adviser to open your account and to optimise account features and fee structures. If your relationship with your financial adviser ends, you will need to take certain steps. These include notifying us immediately and letting us know whether you will be appointing a new financial adviser. If you do not appoint a new financial adviser, you will need to manage your account directly. In addition, the fees applying to your account may increase and you will be unable to access a number of account features and functionalities. For more information on the consequences of not having a financial adviser, see What will occur if you no longer have a financial adviser in the General information section of this Guide. Investment options Asgard ewrap Investment gives you access to a range of managed investments, listed securities and term deposits. With the help of your financial adviser, you can quickly and easily change and mix your investments at any time as investment markets change. Together with your financial adviser, you are in control of where your money is invested and you can create the financial strategy that is best suited to your financial needs and goals. Managed investments You can choose from an extensive range of managed investments, including investments from the different asset classes of cash, fixed interest, listed securities or equity, and property as well as multi-sector (diversified) funds managed by some of Australia s leading investment managers. The Available Products List specifies the managed investments available through Asgard ewrap Investment. You can obtain this list free of charge from your financial adviser or by calling our Customer Relations team. How we select managed investments We generally take into consideration the quality of the investment manager s business, stability of its investment team, past performance and investment management process before selecting managed investments to be included on the Available Products List. We also generally assess whether there is sufficient demand and take into account things such as research house ratings, liquidity, underlying funds under management and the ability of the managed investment to meet our administration and service level requirements. We do not currently take into account labour standards or environmental, social or ethical considerations in selecting, retaining or realising investments. However, the various investment managers of the managed investments available may have their own policy on the extent to which labour standards or environmental, social or ethical considerations are taken into account when making investment decisions. Where a managed investment is issued by a company in the Westpac Group, the same investment selection criteria applicable to managed investments issued by unrelated parties applies. We also have policies that govern how we manage actual and perceived conflicts of interest that may arise and these policies apply to the managed investment selection process. The managed investments are monitored by us on a regular basis (generally, at least quarterly) to ensure they continue to comply with our requirements. Additions to the Available Products List are approved by us on an ad-hoc basis and communicated to your financial adviser. Where we consider it appropriate to remove an investment option from the Available Products List, we will communicate this to your financial adviser. We do not accept any responsibility or liability for any movement in asset prices or costs as they relate to any delay in admitting or removing investments from the Available Products List and make no representation on the suitability of those investments either generally or in your particular personal circumstances. You can obtain a copy of the product disclosure statements for the available managed investments free of charge on request from your financial adviser or by contacting our Customer Relations team. Listed securities You have access to most CHESS approved ASX listed securities including direct shares, listed property, exchange traded funds (ETFs) and traditional securities. You can choose between a Sponsored or Custodial share account with regards to how listed securities in your account are to be held and managed. You cannot select both. For information on Sponsored and Custodial share accounts, please refer to Transacting in listed securities in the How your account works section of the AIB. How we select listed securities All CHESS-approved ASX-listed securities (excluding mfunds and exchange traded Australian Government Bonds) are available for inclusion on the investment menu. Securities listed on exchanges other than the ASX will not be available for selection. If a security ceases to be listed on the ASX, it will automatically be removed from the investment menu. For more information on listed securities, please refer to Investment options in the Your investment options section of the AIB and Transacting in listed securities in the How your account works section of the AIB. Term deposits Through Asgard ewrap Investment, we offer a range of term deposits with differing maturities/terms and interest payment options. You can learn more about the current terms and rates available from your financial adviser or by calling our Customer Relations team. Term deposits provide a fixed interest rate for a fixed length of time which means that you are protected from any decreases in interest rates during the term of your investment in the term deposit. However, you may not be able to take advantage of interest rate increases should the interest rates rise during the term of your investment. 6 Asgard ewrap Investment How Asgard ewrap Investment works

10 Term deposits are suitable for investors who have an understanding of when they are likely to need to access funds in the future. They are not suitable for anyone who may suddenly need access to any funds in their term deposit as term deposits cannot be withdrawn before maturity. How we select term deposits We only consider term deposits issued by deposit taking institutions (with a Banking licence) that are rated equivalent to Investment Grade by S&P, Moody s or Fitch. Whether the term deposit is manageable through our existing administrative processes is also taken into account. The decision to add, remove or restrict a term deposit product will be made by us. While our investment policy does not constrain term deposits to those issued by or associated with a company in the Westpac Group, currently only term deposits issued by St.George are offered. These term deposits are subject to the same investment selection criteria applicable to term deposits issued by unrelated parties. We also have policies that govern how we manage actual and perceived conflicts of interest that may arise and these policies apply to the investment selection process. For more information about term deposits, including how we select term deposits, please refer to Investment options in the Your investment options section of the AIB and Transacting in term deposits in the How your account works section of the AIB. For information on the terms, conditions and restrictions that apply to term deposits, please refer to the relevant term deposit disclosure document, which you can obtain free of charge from your financial adviser or by calling our Customer Relations team. Transferring investments You can in-specie transfer managed investments that you hold through another IDPS provider into your Asgard ewrap Investment account without a change in beneficial ownership, provided those assets are on the Available Products List. You can also transfer listed securities (excluding mfunds and exchange traded Australian Government Bonds) you already own into your account and still retain beneficial ownership. Generally, no capital gains tax is payable on the transfer of the managed investments or listed securities into your account and no transfer fees apply. You should seek professional advice on the taxation and stamp duty implications of transferring investments into your Asgard ewrap Investment account. Once the investments have been transferred to your account, we ll report on them along with the other investments held through your account. The conditions that apply to transferring assets into your account are explained in Transferring managed investments into your account and Transferring listed securities into your account in the How your account works section of the AIB. You can also transfer managed investments and listed securities out of your Asgard ewrap Investment account (conditions apply). Your Cash Account The Cash Account is the central component of your Asgard ewrap Investment account and it allows your financial adviser to easily buy and sell investments on your behalf. This in-built connection between your Cash Account and the investment options makes it easy for you and your financial adviser to quickly respond to changes in market conditions or your investment needs. Choice of Cash Account You can choose whether your Cash Account is an ecash account (an electronic account with a higher interest rate and no transaction fees) or a CASH Connect account (a cash management account with cheque book, branch access and optional Visa debit card (for individual and joint accounts where the method of operation is one to sign )). For more information on the Cash Account options, please refer to the Cash Account PDS which can be obtained free of charge from your adviser or by calling our Customer Relations team on How the Cash Account works The diagram below shows the flow of money in and out of your Cash Account. Investment options Funds used to purchase investments Deposits Tax refunds Income Your Cash Account Proceeds from sale of investments held in your account Your Account Withdrawals Fees and other costs Insurance premium (if applicable) Taxes and government changes You can easily transfer money in or out of your Cash Account through various means via Internet Banking (initiated by you) and/or AdviserNET (initiated by your financial adviser). Furthermore, if you have a CASH Connect account, you have access to St.George, BankSA and Bank of Melbourne branches and can elect to have a VISA debit card (conditions apply). For more information on the deposit and withdrawal options available to you, refer to the Cash Account PDS. Through AdviserNET, your financial adviser can also set up regular direct deposit and withdrawal plans providing you with a disciplined approach to investing and a regular income stream (if required). Maintaining a minimum balance in your Cash Account You have to maintain a minimum balance of $1,000 in your Cash Account to cover fees and other costs. You can monitor your Cash Account balance by regularly checking the details of your account on Investor Online or on Internet Banking. When your Cash Account balance is close to or less than the minimum, you may wish to deposit additional funds into your account. You can also instruct your financial adviser to sell specific managed investments or listed securities. The sale proceeds will be paid into your Cash Account. If you don t top up your Cash Account balance, we may automatically sell your managed investments. Please refer to Your Cash Account in the How your account works section of the AIB for more information. Asgard ewrap Investment How Asgard ewrap Investment works 7

11 Optional features of your account Asgard ewrap Investment offers a number of optional features to help you and your financial adviser manage your investments and/or your account more effectively. Some of these features reduce the need for you and your financial adviser to constantly monitor your account and give you greater confidence that your investment strategy is being maintained. For more information, please refer to the How your account works section of the AIB. Optional features Automatically invest excess cash Automatically rebalance your account Regular buy Regular sell Regular deposit/ direct debit plan Regular withdrawal plan Reinvest income distributions or dividends Online participation in corporate actions Custodial share account only Margin lending Insurance Tax management Description Allows you to nominate a required cash balance and automatically invest the excess above this balance on a monthly basis according to a template (model portfolio) or the current value of all managed investments held through your account. Allows you to regularly (quarterly, half-yearly or yearly) rebalance your portfolio according to a template (model portfolio) which you and your financial adviser have agreed to. Allows you to regularly invest a specified dollar amount from your Cash Account into one or more managed investments at a frequency determined by you. Allows you to regularly sell a specified dollar amount from one or more managed investments held in your account at a frequency determined by you. The proceeds from the sale of managed investments are deposited into your Cash Account. Allows you to regularly deposit funds into your Cash Account from a bank account nominated by you. You can choose how much you want to deposit, the frequency of your deposits and the duration of your direct debit plan. Allows you to regularly withdraw funds from your Cash Account to send to your nominated bank account. You can choose how much you want to withdraw and the duration of your plan. You have the option to either keep income distributions from your managed investments in your Cash Account or use the distributions to buy further units in those managed investments. Depending on the listed securities you hold, you may be able to elect to receive dividends as either additional securities (that is, reinvest dividends under a Dividend Reinvestment Plan (DRP)) or to receive dividends as cash. The payment of dividends and the ability to elect a DRP differs depending on whether you have a Custodial or Sponsored share account set up. Working with your financial adviser, you can participate in corporate actions (provided those corporate actions are approved by us), without having to manage this with the share registry. Your financial adviser can submit your election online via AdviserNET. For more information on corporate actions, refer to Managing corporate actions in the How your account works section of the AIB. The ewrap Margin Lending facility enables you to borrow money to invest in managed investments and listed securities through your account. For more information on the benefits and risks of margin lending, refer to the ewrap Margin Lending PDS. You can obtain this PDS from your financial adviser or by calling our Customer Relations team. Margin lending may also be available through external providers. For more information, contact your financial adviser. You can access a range of insurance options to help protect your lifestyle and investments in the event of a personal crisis, including salary continuance, life protection and total and permanent disablement protection. With the right insurance cover, you may avoid the need to draw on your investments should you suffer a serious accident or illness. The premiums for insurance can be paid directly from your Cash Account. For more information, refer to the relevant insurance product disclosure statement available from your financial adviser. When you wish to sell some of the managed investments held through your account, with the assistance of your financial adviser you can nominate the specific tax parcels of managed investments to be sold. This means you can better manage your capital gains tax position as you have the opportunity to control the amount of capital gain or loss you incur when selling managed investments. In respect to listed securities, you can choose from the following tax parcel selection methods: Minimise gain Maximise gain First in first out (FIFO) Modified FIFO. You can change your tax parcel selection method at any time of the year except during the tax reporting period if you would like the chosen tax parcel selection method to apply to the previous financial year. For more information, refer to Capital gains and tax management in the Tax features section of the AIB. Only your financial adviser can set up these features for you. 8 Asgard ewrap Investment How Asgard ewrap Investment works

12 If your relationship with your financial adviser ends and you do not appoint a new financial adviser you may not be able to access all of the above features. For more information on the consequences of not having a financial adviser linked to your account, see What will occur if you no longer have a financial adviser in the General information section in this Guide. Consolidated reporting Regardless of the number of investments you hold through your Asgard ewrap Investment account, we provide you with an easy-to-read report that consolidates all the transactions from the different investment managers, term deposits and listed securities in your portfolio. This makes it easier to compare and analyse how various investments are performing and for your financial adviser to make informed decisions if changes need to be made. Following the end of each financial year, you ll receive a comprehensive Investor Report providing you with a clear snapshot of all your investments in one easy-to-understand document. To assist you in the preparation of income tax returns in regard to investments held through your Asgard ewrap Investment account, you will receive an annual Tax Report and Tax Guide around September each year and online access to quarterly PAYG statements. You can access information on your account anytime and anywhere online, through Investor Online. For more information on Investor Online and other types of reporting we make available to you, please refer to Keeping you informed in the General information section in this Guide. For more information on Asgard ewrap Investment, see the Your investment options and the How your account works sections of the AIB. Asgard ewrap Investment How Asgard ewrap Investment works 9

13 3. nvesting involves risks Risk is often defined as the likelihood that an investment will fluctuate in value. Generally the higher the potential return of an investment, the greater the risk of loss. It is important to note that all investments involve varying degrees of risk. There is a multitude of factors beyond the control of investors that may affect investment returns, such as: Risk Security-specific risk Market risk Currency risk Interest rate risk Derivatives and gearing risk Alternative investments risk Credit risk Liquidity risk Legal and regulatory risk Operational risk Insurance risk Description An investment in or with exposure to a company or managed investment may be affected by unexpected changes in that company s or managed investment s operations (due to quality of management, use of technology and so on) or its business environment. Markets are affected by a host of factors including economic and regulatory conditions, market sentiment, political events, and environmental and technology issues. These could have a negative effect on the returns of all investments in that market. This may affect investments differently at various times. If an investment is held in international assets, a rise in the Australian dollar relative to other currencies may negatively impact investment values or returns. Changes in interest rates can have a negative impact, either directly or indirectly, on investment value or returns on all types of assets. Underlying funds may use derivatives and gearing. The use of derivatives (which may be used to reduce risks and buy investments more effectively) may reduce potential losses and may also reduce potential profits. The use of gearing (borrowing) will magnify the variability of investment returns. Underlying funds may invest in alternative investments. Alternative investments is a category that includes a range of sophisticated investments including hedge funds, venture capital, private equity, leveraged and management buyouts, commodities and futures trading funds. Alternative investments are subject to certain risks that may include periods of large market falls, high volatility or reduced liquidity. There is always a risk of loss arising from a debtor or other party to a contract failing to meet their obligations. This potentially arises with various securities including derivatives, fixed interest and mortgage securities. Liquidity risk is the risk that an investment may not be easily converted into cash with little or no loss of capital and minimum delay because of either inadequate market depth or disruptions in the marketplace. Changes in domestic and foreign investment and taxation laws may adversely affect your investment. ewrap Investment depends on the integrity of its administration and computer systems. However, there is a risk that these systems may not be available in certain circumstances. Where you do not take out sufficient insurance to provide adequate cover for you or your beneficiaries, this is known as underinsuring. Your financial adviser may be able to help you identify the appropriate amount of insurance cover for your circumstances. 10 Asgard ewrap Investment Investing involves risks

14 4. ees and other costs DID YOU KNOW? Small differences in both investment performance and fees and costs can have a substantial impact on your long term returns. For example, total annual fees and costs of 2% of your fund balance rather than 1% could reduce your final return by up to 20% over a 30 year period (for example, reduce it from $100,000 to $80,000). You should consider whether features such as superior investment performance or the provision of better member services justify higher fees and costs. You may be able to negotiate to pay lower administration fees where applicable. Ask us or your financial adviser. TO FIND OUT MORE If you would like to find out more, or see the impact of the fees based on your own circumstances, the Australian Securities and Investments Commission (ASIC) website ( has a managed investment fee calculator to help you check out different fee options. Fees and other costs payable in relation to your Cash Account are disclosed in the Cash Account PDS. The total fees and other costs payable in relation to your account include not only Asgard ewrap Investment fees and other costs, but also the ongoing fees and expenses deducted by investment managers from the managed investments you choose. It s important you understand the fees of any investments you choose and that they are in addition to the fees for Asgard ewrap Investment and any transaction and account costs incurred on your behalf. The costs of any investment you choose will generally be set out in a disclosure document or product disclosure statement for that investment. These are available from your financial adviser. The fees and other costs shown do not take into account any income tax benefit (if applicable) but do include GST and any applicable stamp duty unless otherwise stated. Any fee negotiated with your financial adviser will be disclosed in the Financial Services Guide or Statement of Advice you receive from your financial adviser. Fees and other costs This document shows fees and other costs that you may be charged. These fees and costs may be deducted from your money or from the returns on your investment. Taxes are set out in the Tax features section of the AIB. Insurance costs are set out separately in the disclosure document for any insurance offer you choose. The fees and other costs you pay for specific managed investments are set out in the product disclosure statement for each managed investment. You should read all the information about fees and costs because it is important to understand their impact on your investments. Asgard ewrap Investment Fees and other costs 11

15 Asgard ewrap Investment 1 Type of fee or cost Amount How and when paid Fees when your money moves in and out of your account Establishment fee The fee to open your investment Contribution fee The fee on each amount contributed to your investment Withdrawal fee The fee on each amount you take out of your investment Exit fee The fee to close your investment Management costs Management costs The fees and costs for managing your investment 2 The amount you pay for specific managed investments is shown in the product disclosure statement for each managed investment. Nil Nil Nil Nil The management costs consist of the following: Administration fee Account balance Managed investments (incl. term deposits) only fee (% pa) # Listed securities only fee (% pa) + First $100, Next $150, Next $500, Next $2,250, Balance over Nil Nil $3 million For account $2.25 $2.41 balances less than $100,000, the minimum daily administration fee is: # A RITC of 7.5% can be claimed in respect of that part of our administration fee applying to managed investments (including term deposits), resulting in a net GST recovery of only 2.5% and a lower administration fee. See RITC for managed investments in this section for further details. + Includes full GST of 10%. No RITC applies. Note: If you hold both managed investments (including term deposits) and listed securities through your account, the actual effective percentage administration fee charged will range between the percentages shown in the two columns depending on the respective values of the managed investments and listed securities you hold. See the worked example in this section. Plus Expense recovery Estimated to be approximately $115 p.a. The exact amount charged to your account will be reported in your annual Investor Report as an expense recovery. We have discretion in deciding to pass on all or a portion of expenses we incur to investors. We may exercise our right to charge expense recovery for costs such as complying with legislative requirements. Plus Not applicable Not applicable Not applicable Not applicable Calculated on a daily basis on the combined value of managed investments, term deposits and listed securities in your account (excluding funds in your Cash Account). The administration fee is deducted from the Cash Account monthly in arrears (at the beginning of every month) and paid to us. Calculated based on the expenses incurred and deducted from your Cash Account at the time the expense is applied. We are entitled to retain all expense recoveries to meet our costs and will not pass on any such entitlement to any other persons, including your financial adviser or your financial adviser s dealer group. 12 Asgard ewrap Investment Fees and other costs

16 Asgard ewrap Investment 1 Type of fee or cost Amount How and when paid Management costs (continued) Custodial share account fee $300 p.a. (including GST net of RITC) charged by us for administering your Custodial share account. This fee only applies if you elect to set up a Custodial share account. It applies whether or not you hold listed securities through your Custodial share account. Calculated on a daily basis and deducted from your Cash Account monthly in arrears at the beginning of every month. Where your Custodial share account is set up during the month, the fee will be charged on a pro-rata basis payable at the beginning of the next month. Service fees 3 Switching fee 4 the fee for changing investment options Nil Not applicable 1. This fee table does not include any investment fees and costs, including any performance fees, that may be payable for investments you choose. See the Additional explanation of fees and costs section of this Guide. 2. We reserve the right to reduce some of the management costs for certain large investors. Asgard ewrap Investment is not eligible for fee aggregation. 3. Additional service fees may apply as this table does not take into account all the fees and costs that may apply to your account for example (a) adviser fees and (b) transaction costs (that is buy/sell differential and brokerage). See the Additional explanation of fees and costs section of this Guide. 4. While there are no fees associated with switching, a cost associated with the buy/sell differential may apply. See Buy/sell differential in the Additional explanation of fees and costs section of this Guide for information on the costs charged by investment managers when managed investments are bought and sold. Example of annual fees and costs for a balanced investment option This table gives an example of how the fees and costs in a balanced investment option for this product can affect your investment over a 1 year period. You should use this table to compare this product with other products. EXAMPLE the balanced investment option Balance of $100,000 with a contribution of $5,000 during year Contribution fees Nil For every additional $5,000 you put in, you will be charged $0. PLUS Management costs % 2 + $115 3 And, for every $100,000 you have in the balanced investment option you will be charged $ each year. EQUALS Cost of balanced investment option If you had an investment of $100,000 at the beginning of the year and you put in an additional $5,000 during that year, you would be charged fees of: $ What it costs you will depend on the investment option you choose and the fees you negotiate. 1. The management costs do not include the investment fees (which may include performance fees) and costs that may be deducted by the manager of the balanced investment option. 2. In this example, it is assumed that your entire account balance of $100,000 is invested in the balanced investment option and does not include any minimum Cash Account balance. 3. The expense recovery used in this example is an estimate only. The exact amount charged to your account will be reported in your Investor Report as an expense recovery. 4. Additional fees may apply as this example does not take into account all the fees and costs that may apply to your account, for example: a) investment fees b) Custodial share account fee c) adviser fees and d) transaction costs (that is any buy/sell spread and brokerage). Refer to Additional explanation of fees and costs in this section of the Guide for information about the fees and other costs that may apply. a) The investment fee is dependent on the investment option you decide to invest in. If, for example, you invested in the Advance Balanced Multi Blend Fund (this Fund), the investment fee (including performance fee) applying to this Fund as at 31 December 2013 was 0.80% p.a. For a $100,000 investment in this Fund, the investment manager of this Fund would have charged you $800 p.a. in investment fees (as at 31 December 2013). The amount of any investment fees you pay for a specific managed investment is shown in the product disclosure statement of that managed investment. b) If you invest in listed securities through a Custodial share account, you will be charged a Custodial share account fee. c) Adviser fees are negotiated between you and your financial adviser and paid to your financial adviser. d) The actual transaction costs incurred are dependent on the managed investments and listed securities you decide to invest in. Asgard ewrap Investment Fees and other costs 13

17 Additional explanation of fees and costs Administration fee The administration fee is charged by Asgard for its functions performed as operator of ewrap Investment including custody, settlement and reporting services. RITC for managed investments The part of the administration fee which is charged on the value of any managed investments (including term deposits) held through your account qualifies for a reduced input tax credit (RITC) of up to 7.5%. No RITC applies to the administration fee charged on listed securities. If you only hold managed investments (including term deposits) through your account, the applicable fee scale (assuming a net GST expense recovery of 2.5%) will be as follows: Account balance Fee (% p.a.) First $100, Next $150, Next $500, Next $2,250, Balance over $3 million For account balances less than $100,000, the minimum daily administration fee would be Nil $2.25 If you hold both managed investments (including term deposits) and listed securities through your account, you receive the benefit of the RITC as it applies to that part of the administration fee which is charged on the value of the managed investments. See the following example: Example: David has an Asgard ewrap Investment account through which he holds managed investments valued at $100,000 and listed securities valued at $100,000. The administration fee applying to his account is: First $100,000 Next $100,000 $100,000 x % $100,000 x % = $ (incl. GST) = $ (incl. GST) Total Fee = $1, (incl. GST) How to calculate RITC on managed investments (assuming 7.5% RITC applicable) Administration fee applicable to managed investments: GST portion of the administration fee: $1, x 50% = $ (incl. GST) $70.00 RITC (75% of the GST): $52.50 Total administration fee: $1, $52.50 = $1, * * Includes a net GST expense recovery of 2.5% on the part of the administration fee relating to managed investments (GST of 10% less a RITC of 7.5%). If you are registered for GST purposes, you may be able to claim either a full or reduced input tax credit for any GST paid on the portion of our administration fee charged on listed securities in your account and any adviser remuneration you have agreed to pay your financial adviser. If you intend to make a claim, you can request we provide you with monthly tax invoices. Licensee negotiated administration fee waiver Your financial adviser or their dealer group may negotiate with us (on your behalf) for a partial waiver of the administration fee charged to your account. This means that the administration fee you need to pay may be lower than what is disclosed in the fee table in this Guide. Where the licensee negotiated administration fee waiver applies, you will receive details of the reduction through the Statement of Advice provided by your financial adviser. You will also see the percentage reduction that has been applied to your administration fee displayed on Investor Online. A change in financial adviser or your financial adviser s licensee arrangement will affect the reduction to the administration fee you receive. Any reduction to the administration fee, following negotiation by your financial adviser or their dealer group, will cease to apply and the administration fee will revert to the un-reduced administration fee on 30 days notice or without notice if you cease to be advised by your financial adviser or their dealer group. All other reductions that are applied to your administration fee are calculated after any licensee negotiated administration fee waiver. For more information about what happens if you don t have a financial adviser, see the What will occur if you no longer have a financial adviser in the General information section of this Guide. Adviser remuneration/fees Our fee structure provides you and your financial adviser with flexibility when determining the fee payable for the financial advice and related services they provide to you in relation to your account. You can negotiate these fees by speaking with your financial adviser. The following optional fees are available for you to select the most appropriate remuneration arrangement with your financial adviser: Adviser fee Establishment Adviser fee Upfront Ongoing adviser fee, and One-off adviser fee. You may agree to one or more of these options. The payment of fees that you agree to pay to your financial adviser in relation to financial product advice and related services that you receive will be facilitated by us in accordance with your directions. Please note that all of the adviser fees are deducted by us and then paid to your financial adviser, or to your financial adviser s dealer group on behalf of your financial adviser. However, we will not deduct any amounts in relation to adviser fees unless you agree and we do not retain any portion of these adviser fees for our own benefit. By consenting in the relevant form to the deduction and payment of agreed fees to your financial adviser (or to your financial adviser s dealer group on behalf of your financial adviser), you direct us to make those payments to your financial adviser (or to your financial adviser s dealer group on behalf of your financial adviser). 14 Asgard ewrap Investment Fees and other costs

18 Restrictions apply to the adviser fees that can be deducted from your account when you have an ewrap Margin Lending facility attached to your account. The adviser fees deducted from your Cash Account can only be a flat dollar amount (i.e. a fixed amount). You cannot pay your financial adviser an Adviser fee Upfront and/or an ongoing adviser fee that is percentage based. Opting-out from advice You may opt-out of receiving financial advice and related services from your financial adviser and paying your financial adviser ongoing fees for future services by notifying us. We encourage you to talk to your financial adviser first before requesting to change the fees applying to your account. We reserve the right to cease paying to your financial adviser any adviser fees on your behalf on receipt of a written request from either you or your financial adviser. If you opt-out of the ongoing adviser fees paid to your financial adviser, we will generally cease paying the ongoing adviser fees from the day your request is processed by us. That is, we will pay the ongoing adviser fees on a pro-rata basis to the date we process your request to opt-out. For the Adviser fee Upfront, we will generally cease paying this fee from the date on which your request is processed by us. However, if you have instructed us to cease paying adviser fees without terminating or opting out of an ongoing fee arrangement with your financial adviser, then you may still be personally liable to pay the adviser fees as agreed under that arrangement. For more information on disclosure of your financial adviser s remuneration, refer to the Disclosure of fees and costs received by your financial adviser section below. Opting out from advice is not the same as ending your relationship with your financial adviser. This needs to be separately requested (if required). If the relationship with your financial adviser has ended and you do not appoint a new financial adviser, this may have an effect on the fees you pay and your account features. For more information, see the What will occur if you no longer have a financial adviser in the General information section of this Guide. Adviser fee Establishment* You can agree the initial fee for advice on the establishment of your account with your financial adviser. It must be specified on your application. If no fee is specified, the fee will be nil. * The Adviser fee Establishment may be described as an Establishment fee in the application form lodged electronically by your financial adviser (if applicable), your periodic statements, the information accessed via Investor Online and any other materials you may receive from us. Adviser fee Upfront You can agree the upfront fee that is to apply with your financial adviser which will apply to the financial advice provided in relation to each managed investment buy. It can be between nil and 5.5% (including GST) and will apply to managed investment buys only. If no fee is specified, the fee will be nil. Ongoing adviser fee An ongoing adviser fee may also be paid to your financial adviser in addition to the administration fee which is payable to us on a monthly basis in arrears. The ongoing adviser fee amount is calculated on the basis agreed between you and your financial adviser. You may select from the following monthly adviser fee options: 1. Flat percentage amount (%) select a flat percentage between 0% and 5.5% p.a. (including GST) to apply to the value of managed investments (including term deposits), listed securities and your Cash Account balance (a different percentage can apply to each category); OR 2. Sliding scale specify a tiered percentage p.a. applied to the combined value of managed investments, term deposits, and listed securities (not applied to your Cash Account balance). OR 3. Flat dollar amount ($) select a flat dollar amount per month which can be increased annually in line with the Consumer Price Index (CPI). You can indicate the month and year in which the increase will first occur in your application. (The monthly dollar amount will be increased by the annual CPI percentage released for the previous quarter). The flat percentage and sliding scale monthly adviser fee options are calculated on the daily balance of managed investments (including term deposits), listed securities and/or your Cash Account balance, as applicable and deducted monthly in arrears. Ongoing adviser fees are deducted monthly in arrears from your Cash Account. Where your account is opened during the month, the ongoing adviser fee charged for the first month will be pro-rated based on the number of days your account was open in that month. One-off adviser fee You can agree with your financial adviser to have a one-off flat dollar fee charged to your account. The one-off adviser fee can be paid to your financial adviser in addition to the administration fee which is payable to us. The one-off adviser fee can be charged on an ad-hoc basis but is only charged once a month. It is deducted from your Cash Account in arrears at the beginning of the month or, if applicable, at the time your account is closed. Disclosure of fees and costs received by your financial adviser Your financial adviser must disclose to you any benefits they receive in relation to your investment, including all fees and costs that you have negotiated with them. See your financial adviser s Financial Services Guide and/or Statement of Advice for further information on these benefits. If an ongoing fee arrangement exists between you and your financial adviser, your financial adviser will also be required to give you a Fee Disclosure Statement on an annual basis. It is also your and your financial adviser s responsibility to notify us to cease payment of adviser remuneration or fees in the event that the ongoing fee arrangement is either terminated or is not renewed. Platform payments In limited circumstances and to the extent permitted by law, we may pay to your financial adviser s dealer group or an appropriate licensed related body corporate of their dealer group up to 100% of the fees/other payments we receive (other than any expense recovery). We pay these amounts out of our own funds and they are not additional costs to you. Asgard ewrap Investment Fees and other costs 15

19 Expense recoveries We have discretion in deciding to pass on to investors all or a portion of expenses we incur. In general we choose to absorb the costs associated with running your account, however, we intend to charge expense recoveries for costs such as complying with changes in legislation and regulatory requirements. Your portion of any expense recoveries will be deducted from your Cash Account and will be reported in your Annual Investor Report as an expense recovery. These expenses are costs incurred by us and payable to us only. They will not be passed on to your financial adviser, your financial adviser s dealer group or any other parties. Taxes and insurance Income from investments held through your account may be taxed. For more information refer to the Tax features section in the AIB. Insurance costs are set out separately in the disclosure document for any insurance offer you choose. Transactional and other operational costs These are an additional cost to you. Type of fee or cost Amount How and when paid? Buy/Sell differential Share brokerage the fee charged by the broker for each share trade. May include charges for phone booking and posting trade confirmations. The buy/sell differential typically ranges from 0.00% to 4.00%, but can be higher. Determined by the broker ** and the financial adviser. May include an amount paid to your financial adviser. Specified in the trade confirmation you receive from the broker. Does not include the share settlement fee, except for trades placed through E*TRADE. When units in a managed investment are bought and sold, transaction and brokerage costs are incurred. These costs are applied to those investors who buy and sell units in particular managed investments and this is done through the use of two different unit prices a buy price and a sell price. The difference between the buy price and sell price takes into account these costs and is called the buy/sell differential. The buy/sell differential is an additional cost to you payable at the time of the buy/sell. For example, if you wanted to invest $10,000 in a managed investment and the buy price was $1.00 per unit, you would receive 10,000 units. If you subsequently sold all of the units on the same day, the units would be sold at the sell price. If the sell price was $0.995 per unit (that is, a 0.50% buy/sell differential applies), you would only receive $9,950 for the sale of those 10,000 units. The net trade confirmation amount will include any share brokerage charged. For share purchases, brokerage is added to the share purchase price, with the total amount deducted from your Cash Account * at the time of the buy. For share sales, brokerage is deducted from the sale proceeds at the time of the sell with the net amount credited to your Cash Account *. Share settlement fee the fee charged by our settlement services provider, E*TRADE, for effecting the settlement of your share trades. For trades placed through E*TRADE, this fee is included in the brokerage charged. $22 per share trade. The share settlement fee is deducted from your Cash Account * at the time of the share buy or sell. Failed settlement fee the fee charged by E*TRADE, as set by the ASX. Broker fail fee a fee may be charged by the broker if your share trade fails. Margin lending fees a margin lender from whom you borrow to invest may charge you fees for that service. The fee is determined by our settlement agent, E*TRADE, in conjunction with the ASX, and varies according to the situation. The minimum fee is $55 per day. The fee is determined by the broker and varies according to the situation. Disclosed in the ewrap Margin Lending PDS or other relevant product disclosure statement provided by your margin lending provider. The failed settlement fee will be deducted from your Cash Account *. The broker fail fee will be deducted from your Cash Account *. See the ewrap Margin Lending PDS or other relevant product disclosure statement provided by your margin lending provider. * Note: If you have an ewrap Margin Lending facility, share buys and sells, and related fees, are settled through your Margin Loan account instead of your Cash Account. ** Excluding E*TRADE. A typical brokerage amount is estimated to be between $0 and $50, but actual brokerage may fall outside this range. 16 Asgard ewrap Investment Fees and other costs

20 Investment fee The investment fee is the amount you pay for specific managed investments in your account. These fees are payable to the investment managers of the managed investments in your account. Depending on the investments you choose, the investment fee is estimated to range from 0.00% to 10.50% p.a. (before investment fee rebates). These fees are generally reflected in the unit prices of managed investments and deducted by each investment manager from the relevant managed investment, usually on a monthly basis. Investment fees may be varied at any time by an investment manager without notice to you. See the Available Products List for the full list of investment fees. Details of current fees and costs, including changes to underlying managed investment fees and costs, are available through Investor Online (see Electronic notifications, estatements and online communications in the General information section of this Guide for more information about electronic notification). Investment fee rebates We have been able to negotiate rebates on the investment fees charged by some investment managers and responsible entities. Any investment fee rebate will be paid in full to investors with an account open at the time the rebate is received and processed by us, which is generally quarterly. Investment fee rebates can range from 0% to 60% of the investment fees charged by the investment managers or responsible entities and may vary from time to time. Platform service fees and other payments Where permitted by law, we may receive remuneration from investment managers or responsible entities, including service fees or other payments of up to $20,000 p.a. per responsible entity (or in some cases, per investment manager) (which is subject to annual review and may increase by up to $500 p.a.) plus up to $8,000 p.a. per managed investment (which is subject to review and may increase by up to $200 p.a.). We may also receive payments of up to 100% of the investment/product fees from investment managers or responsible entities whose financial products are available through an administration platform operated by Asgard in exchange for providing access to services and information. The amount of these payments may change from time to time. This remuneration is paid by the investment managers, responsible entities or product issuers out of their own resources and is not paid by you. Performance fees Some of the investment managers of the managed investments available through your account may be entitled to performance fees in addition to the investment fees they receive. Performance fees, if applicable, will increase the management costs for a managed investment option. Investment fees include an estimate of the cost of any applicable performance fee, however, the actual amount may vary in the future. To find out whether any performance fee applies, ask your financial adviser for a copy of the current underlying product disclosure statement for your relevant managed investments, or existing investors can access them through the PDS link on Investor Online. Other service fees Cash Account service fee We may receive a service fee of up to 0.70% (including GST) p.a. from St.George for the introduction of your banking business and for performing client service activities and transaction reporting on your Cash Account. This service fee is calculated as a percentage of the daily balance of your Cash Account. This is not an additional cost to you. Share trade service fee When E*TRADE is used as the broker, we receive service fees from E*TRADE for the introduction of your share trading business and for performing client service activities on your broking account. The service fee will range between 40% and 50% of the brokerage charged by E*TRADE, depending on trade volumes, and does not apply to trades through other brokers. This is not an additional cost to you. Share settlement service fee We receive service fees for share settlement from our settlement agent, E*TRADE, for the introduction of your share settlement business and for performing client service activities on your settlement account. The service fee will range between 30% and 45% of the settlement fee charged for trades placed through panel brokers other than E*TRADE. This is not an additional cost to you. Interest on other accounts After we withdraw money from your Cash Account to buy managed investments on your behalf, the money passes through investment clearing accounts before being paid to the relevant investment manager(s). Similarly, any proceeds from the sale of your managed investments and distributions will also pass through the same clearing accounts before being credited to your Cash Account. If you use the ewrap Margin Lending facility, any proceeds from the sale of your managed investments and distributions will pass through a margin lending clearing account (instead of an investment clearing account) before being paid to St.George to reduce or repay your margin loan. If you have a Custodial share account set up, any payments for corporate actions will pass through a Custodial share clearing account before being paid to the relevant share registry. Similarly, dividends for listed securities held in a Custodial share account will also pass through this Custodial share clearing account before being credited to your Cash Account. When we withdraw fees from your Cash Account to pay your financial adviser, this money also passes through a clearing account. If you choose an ecash Account, all cheque deposits must be posted to us and we deposit these into a cheque clearing account. If you ask us to transfer money from an external bank account using a direct debit, the amount of the direct debit will also pass through this clearing account. When the cheques and direct debits clear, the proceeds will be deposited into your Cash Account. See the Cash Account PDS for more information. All these clearing accounts are in our name and we ll retain the interest earned on the money passing through these accounts. You won t pay any fees in relation to those accounts. We ll pay any fees from the interest or from our administration fee. Asgard ewrap Investment Fees and other costs 17

21 Variation of fees and other costs Our ability to charge fees and expenses, including both maximum amounts and the introduction of new fees, is not restricted under the Custody Service Deed (the trust deed for Asgard ewrap Investment, a copy of which can be obtained by calling our Customer Relations team). We may change or introduce fees and other costs at any time and will give you at least 30 days prior written notice if we consider the change is materially adverse to your interests. In the event of any change in tax laws or their interpretation, including changes which affect the rate of GST payable or the input tax credits, the amounts deducted from your Cash Account in respect of the fees and costs applied to your Asgard ewrap Investment account may be varied or adjusted to reflect such changes without your consent or further notice to you. We may, at our discretion, either generally or on request from you, your financial adviser or their dealer group, reduce or waive any of the fees and costs applying to your account. Any such reduction or waiver of fees and costs will cease to apply, and those fees and costs will generally revert to the un-reduced amount on 30 days notice, or without notice if you cease to be advised by your financial adviser or their dealer group. Total ongoing fee examples Your account s total ongoing fees will vary depending on your choice of investments and the value of your account. For example, the fees for investing in Australian and international share managed investments tend to be higher than those charged for investing in cash or fixed interest. The following case studies provide current estimates of the average total ongoing fees you could pay for investing in managed investments (with respect to cash, Australian fixed interest, property securities, Australian shares and international shares) and listed securities through your account. The case studies are based on account values of $100,000 and $1,000,000. These case studies do not allow for variations to the fees and other costs set out in this Guide which you may separately authorise. Because we cannot control the fees charged for accessible investments, we cannot guarantee the figures won t fluctuate in the future. The following case studies don t take into account any fees which are paid to your financial adviser. Such fees are negotiable between you and your financial adviser and are in addition to administration and investment fees. They also don t take into account any Custodial share account, Cash Account or margin lending fees. Alternative Forms of Remuneration Register We are required to comply with various obligations limiting the amount and kinds of non-monetary benefits that can be given and received by us. The purpose of these requirements is to eradicate any practices that may influence product providers and financial advisers to act outside of your best interests. We are also required to maintain a register to record nonmonetary benefits of small value (being between $100 and $300 per item) which are received by us or any of our representatives. Our register is available for inspection by you. You can request a copy of the register by calling our Customer Relations team on Asgard ewrap Investment Fees and other costs

22 Case study 1 Total ongoing fees (p.a.) for an investment of $100,000 The balance of your account is $100,000 (excluding your Cash Account balance). The first table assumes you only hold managed investments through your account spread equally across five asset classes (i.e. $20,000 in each). The second table assumes that you only hold listed securities through your account. The annual administration fee, investment fees and total ongoing fees applicable to your account are shown in the tables below: Asset class Administration fee^ % p.a. charged by investment managers* Total ongoing fees (% p.a.) Total ongoing fees ($ p.a.) # Cash Australian fixed interest Property securities Australian shares International shares Total annual fee , Total annual fee (incl. expense recovery) ** , ^ The administration fee charged on managed investment holdings is net of RITC. Refer to RITC for managed investments in this section of the Guide. * These percentages are an average of the most recently published investment fees for the managed investments in the relevant asset class. See the Available Products List and relevant underlying product disclosure statements for the current investment fees. # You won t actually see this whole amount deducted from your account, since investment fees are deducted from the unit price of your managed investments. However, the value of your account will effectively be reduced by this amount. ** The estimated expense recovery amount for the 2013/14 financial year is approximately $115. Administration fee^ % p.a. charged by investment managers Total ongoing fees (% p.a.) Listed securities Nil Total annual fee Total annual fee (incl. expense recovery) * ^ The administration fee charged on listed securities includes GST of 10%. *The estimated expense recovery amount for the 2013/14 financial year is approximately $115. Total ongoing fees ($ p.a.) Case study 2 Total ongoing fees (p.a.) for an investment of $1,000,000 The balance of your account is $1,000,000 (excluding your Cash Account balance). The first table assumes you only hold managed investments through your account spread equally across five asset classes (i.e. $200,000 in each). The second table assumes that you only hold listed securities through your account. In this example, because of the greater account value, our administration fee is tiered. Asset class Administration fee*^ % p.a. charged by investment managers ~ Total ongoing fees (% p.a.) Total ongoing fees ($ p.a.)# Cash , Australian fixed interest , Property securities , Australian shares , International shares , Total annual fee , Total annual fee (incl. expense recovery) ** , * The weighted average administration fee on the account is $3,536 or % p.a. ^ The administration fee charged on managed investment holdings is net of RITC. Refer to the RITC for managed investments in this section Guide. ~ These percentages are an average of the most recently published investment fees for the managed investments in the relevant asset class. See the Available Products List and relevant underlying product disclosure statements for the current investment fees. # You won t actually see this whole amount deducted from your account, since investment fees are deducted from the unit price of your managed investments, however, the value of your account will effectively be reduced by this amount. ** The estimated expense recovery amount for the 2013/14 financial year is approximately $115. Administration fee*^ % p.a. charged by investment managers Total ongoing fees (% p.a.) Total ongoing fees ($ p.a.) Listed securities Nil , Total annual fee , Total annual fee (incl. expense recovery) ** , * The weighted average administration fee on the account is $3,795 or % p.a. ^ The administration fee charged on listed securities includes GST of 10%. ** The estimated expense recovery amount for the 2013/14 financial year is approximately $115. Asgard ewrap Investment Fees and other costs 19

23 5. eneral information What will occur if you no longer have a financial adviser You must have a financial adviser when you open your Asgard ewrap Investment account. However, if you wish to end the relationship, you must notify us immediately by taking the steps described below. Alternatively, if we become aware of an event that ends the relationship between you and your financial adviser, we will notify you. In these cases, you can appoint a new financial adviser to manage your account. We encourage you to have a financial adviser to allow you to access all account features and to enable efficient processing of your investment instructions. What do you need to do If you wish to appoint a new financial adviser, you need to complete and return to us a `Change of Adviser form. If you wish to end the relationship with your current financial adviser, but will not be appointing a new financial adviser at the same time, you will need to complete a Request to remove a financial adviser from an account form. You can obtain both forms by contacting our Customer Relations team. It is important to complete the relevant form, to assist you in managing your adviser fee arrangements and deciding on who can access your account. What happens if you don t appoint a replacement financial adviser If you do not appoint a new financial adviser, you will assume responsibility for managing your account directly. Once we process your Request to remove a financial adviser from an account form or, alternatively, after we have notified you that your relationship with your financial adviser has ended, some features of your Asgard ewrap Investment account will change (within a period that is appropriate in the circumstances or is required by law). For example: Loss of any negotiated administration fee discount: if your financial adviser (or their dealer group) had negotiated a reduction in your administration fee, this reduction will no longer apply and your administration fee will increase to the amount disclosed in the fee table in this Guide (see the Fees and other costs section of this Guide). Some features of your Asgard ewrap Investment account will change. For example you will be: able to provide investment instructions relating to managed investments, term deposits and (if you have a Custodial share account) listed securities, but only where you complete and lodge a form with us (the form is available through our Customer Relations team) * unable to provide us with your corporate action elections if you have a Custodial share account unable to access certain account features, including: Automatically invest excess cash Automatically rebalance your account Regular buy Regular sell Regular deposit/direct debit plan Regular withdrawal plan Reinvestment of income distributions, and unable to utilise the tax management feature described in the How Asgard ewrap Investment works section in this Guide. This will impact your ability to manage your capital gains tax position with respect to selling managed investments and listed securities held through your account. * If you have a Sponsored share account, you will not be able to provide instructions relating to listed securities unless you open a trading account with our default broker. Alternatively, you can switch to a Custodial share account (in which case you will be charged a Custodial share account fee). Further information We have a policy that outlines how we deal with investors who do not have a financial adviser attached/linked to their account. You can access this policy free of charge by contacting our Customer Relations team. We may amend this policy from time to time. 20 Asgard ewrap Investment General information

24 Keeping you informed This table summarises how we communicate with you and how you can keep up to date with your account. Investor Online Investor Report Annual Tax Report and Guide Cash Account statements Customer Relations team Access information on your account over the internet anywhere, anytime through Investor Online via Once you ve received your PIN, log on to Investor Online to view your: account summary, actions and details portfolio valuation asset allocation and performance tables transaction details disclosure documents and forms Investor Reports and correspondence You can also change your contact details and/or provide us with your TFN through Investor Online. You will receive an Investor Report after the end of each financial year. The report provides a clear picture of all your investments, including details of your opening and closing balance, transaction history, net earnings and investment performance. You receive an annual Tax Report and Guide each year to help you complete your income tax return. We can also provide you with access to quarterly PAYG statements and monthly tax invoices* if you request to receive them. St.George will send you six-monthly statements for your Cash Account. See the Cash Account PDS for more information. Call us on or send an to [email protected] if you have any queries about your account. * The tax invoices will detail GST on the portion of our administration fee charged on listed securities in your account and any adviser remuneration you have agreed to pay your financial adviser. Electronic notifications, estatements and online communications estatements and online communication You can view your correspondence, including reports, account actions and most letters, in the one secure location on Investor Online via If you choose to receive your correspondence online, instead of by mail, you can: save time receive an estatement notification when something new is available reduce paper cut back on storage, clutter and help the environment enjoy peace of mind knowing your reports are stored securely online easily access your correspondence view, download or print anywhere, anytime, and switch back to paper correspondence, free of charge at any time. You can make the choice to receive correspondence online when completing your application, by notifying your financial adviser, registering on Investor Online or calling us. As important information about your Asgard ewrap Investment account may be sent to the address you nominate in your application, it s important that you nominate a current and active address and notify us immediately if the address provided changes. Refer to the Other information section in the AIB for the terms and conditions applying to estatements and online communications. Electronic notifications and updated information We may provide you with all information, including without limitation, any notification, disclosure documents or any other documents for underlying managed investments (Information), required or permitted to be given to you under the Corporations Act, any Class Orders issued by ASIC or any other relevant law: where it is or may become permissible under the Corporations Act, any Class Orders issued by ASIC or any other relevant law, via your financial adviser in writing or notice by or other electronic communication (including by making it available at Investor Online), and directly: by (including s containing a hypertext link), and by other electronic communication (including documents containing a hypertext link or by making it available online at Investor Online). If you re: a new investor, by making an application to open an Asgard ewrap Investment account, or an existing member, by giving an investment direction or switching request, using the Regular Buy feature, or by you (or someone on your behalf) making further contributions, on or after the date of this Guide you agree that Information can be provided to you in any of these ways. Asgard ewrap Investment General information 21

25 When we send you documents You agree we may give you documents and other communications by any of the methods specified below including by sending them to any address for you, your financial adviser or your representative provided by you which we reasonably believe is correct. In this case, those documents and other communications are taken to be given if: online, when available sent by post (including a letter containing a reference to a website where the relevant documents or other communications can be found), three business days after posting sent by fax, on production of a transmission report sent by (including an containing a hypertext link to one or more documents), one business day after the is sent, or given personally, when received. You will also have access to the above information through your financial adviser and we may choose to send some or all of this information to you. Disclosure documents for underlying managed investments If we become aware that an interest in an underlying managed investment held by you is affected by a materially adverse change or a significant adverse event and it is something that would be required to be specified in a product disclosure statement for the managed investment, we will give to you (or you will have access through Investor Online) an updated product disclosure statement, and any supplementary product disclosure statement, for the managed investment. Refer to the Electronic notifications and updated information section and the estatements and online communications section above for more information. Where this occurs, you will be able to select a new investment option. The purchase of managed investments may occur without you having been given the current product disclosure statement (including any supplementary product disclosure statement) for those managed investments (the missing document ) if you give instructions to us to acquire an interest in the managed investments immediately or by a specified time. In this situation, the relevant missing document must be provided to you as soon as practical and in any event by the fifth day after the purchase was made. Please note: The purchase of managed investments will continue to be made under the arrangement until instructions are given to us to the contrary, or the arrangement is terminated. We may (but we are not obliged to) cease to act on any instructions, including a Regular Buy instruction, if we are not reasonably satisfied that the relevant information has been provided or made available to you prior to investing. 22 Asgard ewrap Investment General information

26 Your rights when investing through this account are different to when investing directly Investing through Asgard ewrap Investment Cooling-off rights will not apply As a wholesale investor, Asgard is not entitled to any cooling-off rights when investing in the underlying financial products on your behalf. As the beneficial owner of the financial products, you will also not be entitled to any cooling-off rights. This is particularly important when considering investing in managed investments with limited liquidity as longer withdrawal periods and transaction fees will apply. No direct voting rights Your managed investments and listed securities (other than any listed securities in a Sponsored share account) are held in our name, as custodian for you. We are therefore the legal owner of these investments. Although you retain beneficial ownership, you won t be able to directly exercise any investor rights usually available to the legal owner, including the right to vote on company and scheme resolutions. We won t exercise any voting rights in relation to your investments, unless we ask for and receive instructions from you. If we do ask for and receive instructions from you about exercising voting rights, we will generally exercise any discretion in accordance with your instructions. We have a voting policy which contains more information about our voting practices. You can obtain a copy free of charge by contacting our Customer Relations team on Communications from investment managers As your investments are held in our name (other than any listed securities held in a Sponsored share account), we receive various communications from investment managers and listed entities, such as annual reports, financial statements and notices about corporate actions. You may elect to receive copies of these communications by writing to us. Withdrawal rights may not apply Defective disclosure The withdrawal rights usually available under the Corporations Act when a product disclosure statement/disclosure document is found to be defective or a disclosure condition in it is not met before the issue or sale of the related investment applied for, may not be available to you if you invest through Asgard ewrap Investment. This means that the issuer of the investment may not be required to return the investment or provide you with other options such as notification of an option to withdraw in accordance with section 724 or 1016E of the Corporations Act. Where practicable, we will communicate to your financial adviser where there is an option to withdraw and provide them with any accompanying disclosure (including supplementary or replacement disclosure) as soon as possible (but no later than 5 days from receipt of notification to us). We will also generally act on any instructions received as to how to exercise the withdrawal option. Any withdrawal rights that may be available may be affected where you invest through Asgard ewrap Investment rather than directly and a redemption is offered on a scaled-back basis, for example, where the investment is illiquid. This may result in you receiving a lesser amount where your investment through Asgard ewrap Investment is pooled with that of other Asgard ewrap Investment investors and, for example, the distribution of the scaled-back amount differentiates between different investment amounts. Investing directly Cooling-off rights will apply If you are a retail client, you may be entitled to a 14 day coolingoff period with respect to certain financial products such as managed investments. If you exercise your right within the cooling-off period, you can have your application money returned (subject to some adjustments such as in respect of fees and market movements). Voting rights apply As you are the legal and beneficial owner of your investments, you are free to exercise any investor rights available to the legal owner, including the right to vote on company and scheme resolutions. Communications from investment managers As your investments are held by you in your name, you will receive communications from investment managers and listed entities, such as annual reports, financial statements and notices about corporate actions that relate to your investments. Withdrawal rights will apply Defective disclosure Withdrawal rights under the Corporations Act will usually be available and may be exercised by you when a product disclosure statement/disclosure document is found to be defective or a disclosure condition is not met before the issue or sale of the related investment that you applied for directly. You will be notified directly by the product issuer of any option to withdraw and provided with any accompanying disclosure (including supplementary and replacement disclosure). Asgard ewrap Investment General information 23

27 Addressing your concerns How do you give feedback or lodge a complaint? If you have a concern or complaint about Asgard ewrap Investment that you cannot resolve with your financial adviser, please call our Customer Relations team on If we are unable to resolve your concerns over the phone, we will escalate the matter to our Complaints Officer. Alternatively, you can outline your complaint in writing to: The Complaints Officer PO Box 7490 Cloisters Square WA 6850 The Complaints Officer will acknowledge the receipt of your complaint and endeavour to resolve the matter within 45 days of receiving your complaint. If you have a concern or complaint regarding an investment acquired through Asgard ewrap Investment, please approach us using the contact details above. We can help to direct your complaint or facilitate a resolution with the relevant product issuer. If you have a concern or complaint about your financial adviser or the financial product advice you have received, please approach the Australian financial services licensee for whom your financial adviser was acting. What should you do if you don t receive a response or you are dissatisfied with Asgard s response? If you are dissatisfied with our response (or have not received a response within 45 days), you may escalate your complaint to the Financial Ombudsman Service (FOS) by: Calling: Faxing: Writing to: Financial Ombudsman Service GPO Box 3 Melbourne VIC 3001 FOS is an independent body set up to assist customers in the resolution of complaints relating to members of the financial services industry, including life insurance and funds management companies. For more information on Asgard ewrap Investment and in particular: about the Custody Service Deed investor acknowledgement and authorities terms and conditions for estatements and online communications compensation arrangements anti-money laundering and counter-terrorism financing laws Privacy Statement refer to the Other information section of the AIB. 24 Asgard ewrap Investment General information

28 6. uick reference guide How do you... open an ewrap Investment account? know when your application is processed? activate your account? register to use Investor Online? start investing? transact and/or set up or change features on your account? obtain information about your account? What you need to do You need to have a financial adviser in order to open an Asgard ewrap Investment account. Before applying, make sure you read all the documents listed on the inside front cover of this Guide. Your financial adviser will be able to help you complete the application form and any other relevant forms. If you wish to open an Asgard ewrap Investment account with an ecash account, your financial adviser can submit your application online using AdviserNET. Upon the processing of your application, you will receive : From us Welcome letter to confirm your Asgard ewrap Investment account and Cash Account details. Personal Identification Number (PIN) to access Investor Online. For security purposes, we ll send your PIN separately to your welcome letter. From St.George Welcome letter confirming the Phone and Internet Banking access number for your ecash or CASH Connect account and instructions on how to create your own Phone and Internet Banking Password (the letter does not include the Password or security number). ecash/cash Connect Phone and Internet banking security number. Cheque book, Visa debit card and PIN number (CASH Connect only). Your Asgard ewrap Investment account needs to be activated first in order for St.George to issue the above documents to you. You won t be able to trade listed securities or have access to Phone and Internet Banking on your Cash Account until you ve accepted all the terms and conditions and your Asgard ewrap Investment account is activated. We will automatically activate your account on your behalf if you complete a paper-based Asgard ewrap Investment application and post it to us. If your financial adviser submits your application electronically using AdviserNET you will need to activate your account by logging into Investor Online (once you receive from us your welcome letter and PIN) and accept the terms and conditions. When we establish a new Asgard ewrap Investment account for you, we will automatically register you for Investor Online. You can access Investor Online via To login, you ll need your Asgard ewrap Investment account number (which can be found in the welcome pack we send to you after we establish your account) and PIN. We will generally provide your PIN to you within five days of establishing your account. You can change your PIN at any time through Investor Online. Requesting a new PIN If you have forgotten your PIN, you may reset your PIN at any time by selecting Forgotten PIN from the Investor Online login page. You have to have sufficient cleared funds in your Cash Account in order to start investing through your Asgard ewrap Investment account. The Cash Account PDS explains how to deposit funds into your Cash Account and how long it takes for funds to be cleared after being deposited. You will need to talk to your financial adviser about doing this, as only your financial adviser can transact and set up or amend features on your account (online via AdviserNET). You can obtain information about your account by: logging into Investor Online contacting your financial adviser calling us on sending an to [email protected] Asgard ewrap Investment Quick reference guide 25

29 ISSUED BY Asgard Capital Management Ltd ABN , AFSL CUSTOMER RELATIONS CORRESPONDENCE Asgard PO Box 7490 Cloisters Square, WA 6850 AS32806_0714ex

30 ewrap Investment Application booklet

31 How to proceed? The below table outlines the forms included in this application booklet and when you need to complete them. Forms ewrap Investment application CASH Connect Account signature card Reference from an acceptable referee (S21) Direct Debit Request E*TRADE online share trading application CHESS Sponsorship transfer form Broker-sponsored When to complete? This form needs to be completed if you wish to open an ewrap Investment account. You need to complete this form, if in section 7 of the ewrap Investment application, you selected to open your ewrap Investment account with a CASH Connect Account. Each signatory on the account must sign this form. You need to complete this form if: in section 7 of the ewrap Investment application, you selected to open your ewrap Investment account with a CASH Connect Account, and you do not have a St.George or BankSA account for which you have already been identified. You need to complete this form if, in section 12 of the ewrap Investment application, you selected to set up regular deposits into your Cash Account via a direct debit arrangement. You need to complete this form if you completed Section 18 of the ewrap Investment application as follows: you wish to trade/hold listed securities through your new ewrap Investment account, and the share account type you selected is a Sponsored share account, and you wish to set up an E*TRADE online share trading account. You need to complete this form if you completed section 18 of the ewrap Investment application as follows: you wish to trade/hold listed securities through your new ewrap Investment account, and the share account type you selected is a Sponsored share account, and you wish to transfer an existing HIN to your account. Unless otherwise defined, terms used in the application booklet have the same meaning as in the Asgard ewrap Investment Financial Services Guide (and IDPS) (Guide). How to proceed? 1

32 Guide to completing the ewrap Investment application If you d like to open an ewrap Investment account, you are required to be aged 18 years or older and need to complete each relevant section of the application. Your financial adviser may submit your application electronically using AdviserNET, or the application in this application booklet can be completed and sent to us. 1. Existing account details If you have an existing account that is in exactly the same name as this account, complete this section. If you complete this section, your existing account details will be applied to this account, and you don t need to complete section 2, New account details. 2. New account details You will need to complete the corresponding parts of this section depending on your investor type. Partnerships we re unable to set up partnership accounts; however, you may be able to apply as a joint or company applicant. Trusts if you have a trust deed, choose Trust as the account type. The account name should reflect the actual name of the Trust Deed. We re unable to accept trusts that have more than five trustees. 3. TFN/ABN If you choose to provide your Tax File Number (TFN) or Australian Business Number (ABN), you ll need to provide: your full name, your TFN/ABN or, if you re exempt from having to provide a TFN/ABN, the exemption code identifying the reason. If you re a pensioner, you ll need to advise the pension exemption code (if known). If you re a trust, you should supply the TFN/ABN of the trust. If you re an organisation not required to lodge a tax return, you ll need to quote the code NL. Any TFN/ABN information supplied on your application will be automatically applied to all future investments in your account. You re not obliged to provide your TFN or ABN, but if you don t and you re not exempt, tax may be deducted at the highest marginal rate plus Medicare levy from any dividend, interest or other income arising from your investments and interest income on your Cash Account. You will also not be eligible to access the Custodial share account. If you have a joint account, this will apply should either applicant not provide a TFN and that applicant not be exempt. Any TFN withholding tax deducted will be remitted to the Australian Taxation Office and will be shown on your Annual Tax Report. For more information about the use of TFNs/ABNs, contact your local Australian Taxation Office. 2 Guide to completing the ewrap Investment application

33 4. Residency details Provide all residency details. If you do not reside in Australia, Asgard may decide not to accept any instructions from your financial adviser to buy managed investments. If you re not an Australian resident for tax purposes, you must include your country of residence. Non-residents are not eligible to access or continue to hold the Custodial share account. A joint account is a nonresident account if at least one applicant is a non-resident. 5. Account password Please provide an initial account password that will be used to identify you when you make enquiries about your account and a password prompt to help us remind you of your password if you forget it. For security purposes you should change your account password and prompt on Investor Online once you ve received your logon details from us. 6. Authority to operate Indicate if your financial adviser will have an authority to operate your ewrap Investment account. 7. Cash Account Select your Cash Account option or provide the details of an existing ecash or CASH Connect Account in exactly the same name as this account that you wish to use as the Cash Account for your ewrap Investment account. If you wish to link an existing Cash Account, it cannot already be linked to an ewrap Investment account. CASH Connect If you choose a CASH Connect Account, each signatory must sign the signature card (included in this application booklet). Each signatory must also complete a reference from an acceptable referee (included in this application booklet) or provide details of a current St.George or BankSA account for which they have already been identified (see the supporting documentation checklist in this booklet for the rules that apply in this case). You may also need to send copies of supporting documentation to us with your application. The supporting documentation checklist in this booklet details the requirements. If there s more than one signatory, indicate the method of operation that applies to CASH Connect Account transactions initiated by you: one to sign one person can initiate withdrawals and CASH Connect Account amendments, two to sign two people must initiate withdrawals or CASH Connect Account amendments. If you choose this option, you cannot have card access and you won t be given access to Phone and Internet Banking. Note: The method of operation you choose only applies to withdrawals and account amendments in relation to your CASH Connect Account. It does not apply to your ewrap Investment account. If you have a personal, joint or company account with one to sign, indicate whether you want card access. Trust and Superannuation Fund/Approved Deposit Fund accounts cannot have card access. 8. Phone and Internet Banking If you have an existing ecash Account or CASH Connect Account in exactly the same name as this account and would like to access information on these accounts through Phone and Internet Banking using your existing Phone and Internet Banking access number and security number, provide the details of your existing Cash Account in this section. If you choose this option, you won t be sent a new Phone and Internet Banking access number or security number for this Cash Account. You ll use your existing Phone and Internet Banking access number and security number. 9. Nominated account This section must be completed. Your nominated account will be linked to your Cash Account to facilitate cash transfers. You can also give your financial adviser an authority to transfer cash from your Cash Account to your nominated account. See section 11, Authority to transfer cash. Your nominated account must be held in the same name as your Cash Account. 10. External linked accounts Provide the details of other financial institution accounts (in addition to your nominated account) to which you would like your financial adviser to be able to transfer funds using AdviserNET. (If you want to be able to transfer funds to these accounts using Phone and Internet Banking, you will need to logon to Internet Banking and set them up as third party accounts.) 11. Authority to transfer cash You can give your financial adviser authority to transfer cash from your Cash Account to your nominated account, any external linked accounts and any other Cash Accounts held under the same client number, using AdviserNET. This means that your financial adviser can initiate one-off or regular cash transfers without you needing to sign each instruction prior to your financial adviser electronically submitting it to us. If you don t give an authority to transfer cash, you ll need to sign each instruction for one-off or regular cash transfers before they are submitted by your financial adviser. 12. Regular direct debit deposits If you wish to make regular direct debit deposits from a bank account into your Cash Account, complete this section. You must specify the amount you wish to deposit and the frequency of the required deposit. You must also complete the Direct Debit Request in the application booklet and forward the original with your application. You can only have one Direct Debit Request for each account. Therefore, if you also want to make an initial deposit by direct debit, it must come from the same bank account. Guide to completing the ewrap Investment application 3

34 13. Reports and information Indicate whether your preference for receiving reports and correspondence is online or by mail. Adviser remuneration/fees Sections 14 to 17 set out amounts which you consent to Asgard deducting and paying from your ewrap Investment Account to your financial adviser (or to their dealer group on their behalf) whose details are set out in section 20 of this application, or as notified to Asgard from time to time in writing. The fees are payable for financial advice and related services that they provide to you in relation to your interest in this product. For more information, refer to the Fees and other costs section in the Guide. 14. Adviser fee Establishment If an Adviser fee Establishment is to be charged in relation to set up of your account, indicate the fee (excluding GST) which will be deducted from your initial deposit into your Cash Account. 15. Adviser fee Upfront Indicate the maximum upfront fee (excluding GST) that will apply to all managed investment purchases. This fee will not apply to deposits to your Cash Account or share purchases. 16. One-off adviser fee Nominate a one-off flat dollar adviser fee (excluding GST) to be paid to your financial adviser. The one-off adviser fee will be deducted only once, from your Cash Account during the next fee routine. 17. Ongoing adviser fee Select the monthly adviser fee option either flat dollar, flat percentage or sliding scale and indicate the fee (excluding GST). Where a percentage is specified, the maximum is 5% (excluding GST) per category. 18. Share trading This section must be completed in order to trade/hold listed securities through your ewrap Investment account. You need to indicate how you want your listed securities to be held. You can choose between a: Sponsored share account listed securities will be held in your name, or Custodial share account listed securities will be held in our name. Under the Sponsored share account, you can choose to receive a new Holder Identification Number (HIN) or you can transfer an existing HIN (this must be in the same name as your account). If you want to transfer an existing HIN, you ll need to complete the CHESS Sponsorship transfer form Broker sponsored which is provided in the application booklet. For Custodial share accounts, you will be issued with a new HIN and, if you wish to transfer listed securities, you will be required to complete a standard off-market transfer form for each share holding. If you are setting up a Custodial share account, you will need to nominate whether you wish to receive dividends as cash or have them reinvested under a Dividend Reinvestment Plan (DRP). Please note that your dividend election will apply across all listed securities held in your account. You can choose to apply for an E*TRADE online share trading account. If you do, you ll need to complete the E*TRADE Online Share Trading Application in the application booklet (applies to Sponsored share accounts only). Ensure that you complete all the details on the form, including your ewrap Investment account number and your financial adviser details on the back page. Fax, mail or the completed form to E*TRADE. We ll contact your financial adviser when your online share trading account has been established. You can also choose the tax parcel selection method that is applied to the sale of listed securities in your account. 19. Initial deposit Enter the amount of your initial deposit into your Cash Account. It s important to note that depositing funds electronically may be more efficient than a cheque. If you d prefer to deposit initially by cheque, make your cheque(s) payable to ewrap Investment account name of investor (for example, John Smith Pty Ltd) and cross it not negotiable. If you d like us to arrange a direct debit deposit on your behalf, complete the Direct Debit Request. 20. Adviser s details and declaration Your financial adviser will complete this section. Under the Anti-Money Laundering and Counter-Terrorism Financing Act, your financial adviser is required to verify your identity. The verification procedure is outlined on the following page. 21. Certification of US Tax Status We are required to identify certain US persons in order to meet account information reporting requirements under local and international laws. If you meet the criteria outlined in this section, you will need to contact us on Acknowledgements Read the Investor acknowledgements and authorities, in the Other Information section of the ewrap Investment Additional Information Booklet and the Cash Account Product Disclosure Statement (PDS) carefully and then sign the application. The application must be signed personally by all applicants. If the applicant is a company, the application must be executed in accordance with the company s constitution. Applications may be signed or executed by individuals or companies under power of attorney. Where the applicant signs under power of attorney, a certified copy of the relevant power of attorney must be enclosed with the application. Your power of attorney can be certified by a Justice of the Peace, a Commissioner for Declarations or your solicitor. Where to send completed forms Your completed application should be forwarded to your financial adviser for submission to us. 4 Guide to completing the ewrap Investment application

35 Checklist Have you indicated the following on the application? Authority to operate Cash Account (if you choose CASH Connect, ensure you post to us all required supporting documentation (as per the Supporting documentation checklist in this booklet) with your application refer to the Supporting documentation checklist in the Guide) Nominated account Reports and information Share trading (Sponsored or Custodial Share account, E*TRADE trading account, if requested) Fees Method and amount of initial deposit Verification procedure (for financial advisers) Identification details Individuals and individual trustees Verify the individual s full name and either their date of birth or residential address. Complete Part I (or if the individual does not own a document from Part I, then complete either Part II or Part III.) Contact your licensee if the individual is unable to provide the required documents. Part I Acceptable primary ID documents Select ONE valid option from this section only. Australian State/Territory driver s licence containing a photograph of the person Australian passport (a passport that has expired within the preceding two years is acceptable) Card issued under a State or Territory for the purpose of proving a person s age containing a photograph of the person Foreign passport or similar travel document containing a photograph and the signature of the person *. Part II Acceptable secondary ID documents Only needs to be completed if the individual does not own a document from Part I. Select ONE valid option from this section. Australian birth certificate Pension card issued by Human Services (previously known as Centrelink) Australian citizenship certificate And ONE valid option from this section. A document issued by the Commonwealth or a State or Territory within the preceding 12 months that records the provision of financial benefits to the individual and which contains the individual s name and residential address. A document issued by the Australian Taxation Office within the preceding 12 months that records a debt payable by the individual to the Commonwealth (or by the Commonwealth to the individual), which contains the individual s name and residential address. Block out the TFN before scanning, copying or storing this document. A document issued by a local government body or utilities provider within the preceding three months which records the provision of services to that address or to that person (the document must contain the individual s name and residential address). Part III Acceptable foreign ID documents Only needs to be completed if the individual does not have a document from Part I. BOTH documents from this section must be presented. Foreign driver s licence that contains a photograph of the person in whose name it is issued and the individual s date of birth*. National ID card issued by a foreign government containing a photograph and a signature of the person in whose name the card was issued *. * Documents that are written in a language that is not English must be accompanied by an English translation prepared by an accredited translator. Guide to completing the ewrap Investment application 5

36 Verification procedure (continuation) Identification details Trust For a registered managed investment scheme, regulated trust (eg SMSF) or government superannuation, verify: The full name of the trust That the trust is a registered managed investment scheme, regulated trust or government superannuation fund, as applicable Tick 3 Verification Options (select one of the following options used to verify the Trust) Perform a search of the ASIC, ATO or relevant regulator s website (eg Super Fund Lookup at A copy or relevant extract of the legislation establishing the government superannuation fund sourced from a government website. A copy of an offer document of the managed investment scheme (e.g. a copy of a Product Disclosure Statement). An original or certified copy of the Trust deed or if not reasonably available an original or certified extract of the Trust deed. If Other trust type is selected, verify: The full name of the trust Tick 3 In addition: Verification Options (select one of the following options used to verify the Trust) A notice issued by the Australian Taxation Office within the last 12 months (eg a Notice of Assessment). Block out the TFN before scanning, copying or storing this document. A letter from a solicitor or qualified accountant that confirms the name of the trust. An original or certified copy or certified extract of the trust deed. Identification for ONE trustee as per the verification requirements applicable their entity type. Identification details Australian Company Standard verification procedure Verify: The full name of the company as registered by ASIC Whether the company is registered as a proprietary or a public company The ACN issued to the company Tick 3 Verification Options (select one of the following options used to verify the Company) Perform a search of the relevant ASIC database. If the ASIC database is not reasonably available, an original or certified copy of the certification of registration issued by ASIC. Alternative verification procedure for a regulated company, an Australian listed company or a majority owned subsidiary of an Australian listed company Information to be verified: The full name of the company That the company is a regulated company, an Australian listed company or a majority owned subsidiary of an Australian listed company (whichever is applicable). 6 Guide to completing the ewrap Investment application

37 Supporting documentation checklist If you choose a CASH Connect Account, we require the following along with your completed application (your account will not be opened until all documentation has been received). If you re not an Australian resident you may send us copies of the equivalent documentation for your country of residence. Each signatory must complete a reference from an acceptable referee (unless they have already been identified by St.George and have provided requested details on the application) and sign the signature card. Account type Signature card Certificate of registration of company 1 Company search (current extract not older than one month) 2 Registration of business name Certified copy of trust deed 3 Certificate of registration of super fund Personal Joint Company Company trading under a registered business name Super fund/adf with individual(s) as trustee Super fund/adf with company as trustee Super fund/adf with company trading under a registered business name as trustee Unit trust with individual(s) as trustee Unit trust with company as trustee Unit trust with company trading under a registered business name as trustee Family trust with individual(s) as trustee Family trust with company as trustee Family trust with company trading under a registered business name as trustee Reference from an acceptable referee (S21) 4 1. A certificate of registration was called a certificate of incorporation prior to The ASIC website ( contains links to information brokers you can download name searches from their websites (fees may apply). 3. Providing you re not also applying for ewrap Margin Lending, rather than sending a certified copy of the whole trust deed, you can send a certified copy of the page(s) of the trust deed that show all of the following: trust name, trustee names, beneficiary names or class of beneficiary (for example, members of the super fund), trust or trustee address, trustee signatures. 4. If you have already been identified by St.George, you don t need to complete a reference from an acceptable referee, providing: you are a signatory on a St.George or BankSA account that is currently open; you completed a 100 point check or reference from an acceptable referee for that account; you provide the name, BSB and account number of that account on your application; and the account is a CASH Connect, St.George or BankSA account (ecash and Dragon Direct accounts are not acceptable). Guide to completing the ewrap Investment application 7

38 ewrap Investment Application Issue date: 1 July 2014 Instructions on how to complete this application are at the beginning of this booklet. Before completing, carefully read Privacy statement in the Other information section of the Additional Information Booklet or from It sets out information you should know about how we and St.George handle personal information about you. THE OFFER OR INVITATION MADE IN THE GUIDE IS ONLY AVAILABLE TO PERSONS WHO RECEIVE IT IN AUSTRALIA. Complete this form in BLOCK LETTERS using black ink and: Your financial adviser may submit this application online using AdviserNet (you are required to have a financial adviser to operate an ewrap account) or post it to Asgard, PO Box 7490, Cloisters Square WA Make cheques payable to Asgard ewrap Investment account name of investor (for example, John Smith Pty Ltd) and cross them Not negotiable. We cannot accept faxes or photocopies of this application. i This symbol indicates you need to give us more information Questions? Call our Customer Relations team on or [email protected] Checklist Have you: 4 signed the declaration and dated this form? 4 attached the identification form including certified identification documentation? 4 attached all your supporting documents if required? Please refer to the Supporting documentation checklist in this booklet. E.g. Power of Attorney, Guardianship, Trust Deed, etc original certified copies are required. 4 supplied your Tax File Number? 4 supplied your address? Additional information is required if your financial adviser has not completed the record of proof of identity section. 4 Know Your Client (KYC) form 4 Certified identification 1. Existing account details If you have an existing account that is in exactly the same name as this account, provide the account number and name below and go to section 3. We will apply the same account details to your new account. Existing account/client number Existing account name Go to section 3 2. New account details 4 Personal Complete Part A 4 Joint tenants Complete Part A 4 Trust Complete Part B 4 Superannuation fund/adf Complete Part B 4 Company Complete Part C 9 Asgard ewrap Investment Application

39 Contact person required for Part B or Part C Correspondence relating to ewrap Investment account will be forwarded to the contact person. Title Surname Given name(s) Postal address State 111 Postcode 1111 Country Phone (Home) Phone (Business) Phone (Mobile) Facsimile (mandatory) Part A Individual and joint tenants Investor 1 Title Surname Given name(s) Residential address (mandatory, PO Box is not acceptable) State 111 Postcode 1111 Postal address (only complete if your postal address is different to your residential address) State 111 Postcode 1111 Country (for AML purposes only) Date of birth Gender Male 4 Female Phone (Home) Phone (Business) Phone (Mobile) Facsimile For sole traders only: ABN Principal place of business 10 Asgard ewrap Investment Application

40 Part A Individual and joint tenants (continued) Investor 2 (For joint tenants only) Title Surname Given name(s) Residential address (mandatory, PO Box is not acceptable) State 111 Postcode 1111 Postal address (only complete if your postal address is different to your residential address) State 111 Postcode 1111 Country (for AML purposes only) Date of birth Gender Male 4 Female Phone (Home) Phone (Business) Phone (Mobile) Facsimile Part B Trust/SMSF Full name of Trust/SMSF (ie ABC Pty Ltd as trustee for ABC Family Trust as will be displayed as your account name (maximum 40 characters including spaces) 1111 Full business name (if any) of the trustee in respect of the trust (ie ABC Pty Ltd) Country where trust was established (Please complete even if Australia) 11 Asgard ewrap Investment Application

41 Part B Trust/SMSF (continued) Type of trust Additional information Registered managed investment scheme Australian Registered Scheme Number Regulated trust Name of the regulator (eg ASIC, APRA, ATO) Trust s ABN or registration/licensing details Self Managed Super Fund Name of the regulator (eg ASIC, APRA, ATO) Trust s ABN or registration/licensing details Government superannuation fund Name of legislation establishing the fund Other trust type Trust description (eg family, unit, charitable, estate) Type of trustee Additional information Trust with individual trustee(s) Complete sub-section a) below and sub-section b) Trust with Australian corporate trustee Complete Part C Trust with foreign corporate trustee Complete sub-section b) and contact us to obtain the relevant Identification Form as it is different to the form contained in this application. a) Trust with individual trustee(s) How many trustees are there? (Mandatory) 4 Provide details of each trustee below: Trustee 1 Title Surname Given name(s) Residential address (mandatory, PO Box is not acceptable) State 111 Postcode 1111 Country (for AML purposes only) Date of birth Gender Male 4 Female Trustee 2 Title Surname Given name(s) 12 Asgard ewrap Investment Application

42 Part B Trust/SMSF (continued) Residential address (mandatory, PO Box is not acceptable) State 111 Postcode 1111 Country (for AML purposes only) Date of birth Gender Male 4 Female Trustee 3 Title Surname Given name(s) Residential address (mandatory, PO Box is not acceptable) State 111 Postcode 1111 Country (for AML purposes only) Date of birth Gender Male 4 Female Trustee 4 Title Surname Given name(s) Residential address (mandatory, PO Box is not acceptable) State 111 Postcode 1111 Country (for AML purposes only) Date of birth Gender Male 4 Female Note: If there are more trustees, provide details on a separate sheet. b) Additional trust details only complete if Other trust type is selected Do not complete if the trust is a registered managed investment scheme, regulated trust, Self Managed Super Fund or Government superannuation fund. Do the terms of the trust identify the beneficiaries by reference to membership of a class? 4 Yes Provide details of the membership class/es 4 Unit Holders 4 Family members of named person 4 Charitable purpose 4 Other (please list) No How many beneficiaries are there? (Mandatory) Asgard ewrap Investment Application

43 Part B Trust/SMSF (continued) Provide the full name of each beneficiary below: Full given name(s) Surname If there are more beneficiaries, provide details on a separate sheet. Part C Company 4 Australian company Complete sub-sections a) and b) below. Also complete sub-sections c) and d) if the company type is Private/Proprietary or Other. 4 Foreign company Complete sub-sections a) and b) below. You will also need to complete the Identification Form. A copy of this form can be obtained by contacting our Customer Relations team on a) Company name Full name as registered by ASIC ACN Registered office address (mandatory, PO Box is not acceptable) Principal place of business (if any if different from above) (PO Box is not acceptable), include country Company type 4 Public 4 Proprietary Complete the additional company details in sub-sections c) and d) of the application. b) Additional company details Directors (to be completed for proprietary companies, not required for public companies) Do not complete if a public or listed company. How many Directors are there? (Mandatory) 4 Provide the full name of each director below: Full Given name(s) Surname If there are more directors, provide details on a separate sheet. 14 Asgard ewrap Investment Application

44 Part C Company (continued) c) Additional company details Shareholders (to be completed for proprietary companies, not required for public companies) How many Shareholders are there? (Mandatory) 4 Provide details of ALL individuals who are beneficial owners through one or more shareholdings of more than 25% of the company s issued capital. Shareholder 1 Full given name(s) Surname Residential address (mandatory, PO Box is not acceptable) for AML purposes only State 111 Postcode 1111 Country Shareholder 2 Full given name(s) Surname Residential address (mandatory, PO Box is not acceptable) for AML purposes only State 111 Postcode 1111 Country Shareholder 3 Full given name(s) Surname Residential address (mandatory, PO Box is not acceptable) for AML purposes only State 111 Postcode 1111 Country 15 Asgard ewrap Investment Application

45 3. Tax File Number (TFN)/Australian Business Number (ABN) Individual/Joint applicants Joint applications should provide a TFN/ABN for each applicant. Only joint applicants registered as a single business entity should supply a single ABN. Applicant 1 Tax File Number/Exemption code OR ABN Applicant 2 Tax File Number/Exemption code OR ABN Companies/Trusts/Super funds/smsf (Enter Company/Trust/Super fund/smsf TFN/ABN) Trust applications should provide the TFN/ABN of the trust. Tax File Number/Exemption code OR ABN Note : You are under no obligation to provide your TFN. However, if you don t provide your TFN, tax may be charged on your account at a higher rate than would otherwise apply. 4. Residency details (Mandatory) Are you an Australian resident for taxation purposes? 4 Yes Go to section 5 OR 4 No. Complete the rest of this section. Applicant 1 Country of residence Were you previously an Australian resident? 4 Yes 4 No Date you became a non-resident? Applicant 2 Country of residence Were you previously an Australian resident? 4 Yes 4 No Date you became a non-resident? Super fund/trust/company Country of residence Were you previously an Australian resident? 4 Yes 4 No Date you became a non-resident? Account password (Mandatory) Please provide a password that will be used to identify you when you make enquiries about your account, and a password prompt to help us remind you of your password if you forget it. For security purposes, you should change your password and prompt on Investor Online once you ve received your logon details from us. Initial account password Password prompt (eg mother s maiden name) 16 Asgard ewrap Investment Application

46 6. Authority to operate Indicate if you re giving your financial adviser authority to operate your ewrap Investment account on your behalf. 4 Yes, my/our financial adviser is granted authority to operate my/our ewrap Investment account I/We authorise my/our financial adviser to give, and Asgard to accept, instructions on my/our behalf as if they had been given by me/us, but my/our financial adviser agrees he/she cannot give instructions: 1. to change the name of my/our ewrap Investment account 2. to transfer funds out of my/our Cash Account to fund a payment request 3. to change my/our nominated account and external linked accounts 4. to change the name or address on any shares held in my/our account 5. to apply for a share trading account 6. in relation to any other matters outlined in the Guide that may require my/our personal instructions. OR 4 No, my/our financial adviser is not granted authority to operate my/our ewrap Investment account If you select this option you ll be required to sign all instructions relating to your ewrap Investment account prior to your financial adviser electronically submitting them to us (or, in the case of shares, to a panel broker). 7. Cash Account If you do not indicate that you wish to choose a new Cash Account or provide the details of an existing ecash Account or CASH Account below (which has to be in exactly the same name as this account) then we will apply the default of a new ecash account. If you wish to change this in the future you may do so by providing an account amendment and the supporting documentation required. You must select one of the following 3 options: 4 Link existing standalone ecash Account or CASH Connect Account (provide details, then go to section 8) Bank account name (name the bank account is held in) BSB number Bank account number OR 4 ecash Account (go to section 8) OR 4 CASH Connect Account Complete the details below and ensure that each signatory signs the signature card and completes a reference from an acceptable referee or provides details of a current St.George or BankSA account for which they have already been identified (see the supporting documentation checklist in the Guide for the rules that apply in this case). You may also need to send copies of supporting documentation to us with your application. The Supporting documentation checklist in the Guide details the requirements. Method of operation if there s more than one signatory on your account, you must choose either 1 or 2 to sign for CASH Connect Account transactions: 41 to sign OR 42 to sign Card access Indicate if you wish to have a VISA Debit Card available to personal, joint or company accounts with 1 to sign only: Personal and joint accounts: Applicant 1 4 Yes 4 No Applicant 2 4 Yes 4 No Company accounts: Signatory 1 4 Yes 4 No Signatory 2 4 Yes 4 No Signatory 3 4 Yes 4 No Signatory 4 4 Yes 4 No Signatories provide the details of each signatory below, including any current CASH Connect, St.George Bank or BankSA Account for which they have already been identified using a 100 Point Check. Each signatory must sign the signature card, regardless of whether they ve already been identified. 17 Asgard ewrap Investment Application

47 7. Cash Account (continued) Signatory 1 Name Provided ID for existing CASH Connect/St.George/BankSA Account? 4 Yes Bank account name (name the bank account is held in) BSB number Bank account number No Signatory 2 Name Provided ID for existing CASH Connect/St.George/BankSA Account? 1 Yes Bank account name (name the bank account is held in) BSB number Bank account number No Signatory 3 Name Provided ID for existing CASH Connect/St.George/BankSA Account? 4 Yes Bank account name (name the bank account is held in) BSB number Bank account number No Signatory 4 Name Provided ID for existing CASH Connect/St.George/BankSA Account? 4 Yes Bank account name (name the bank account is held in) BSB number Bank account number No 18 Asgard ewrap Investment Application

48 8. Phone and Internet Banking If you have an existing ecash Account or CASH Connect Account in exactly the same name as this account and would like to access information on this account from Phone and Internet Banking using the same Phone and Internet Banking access number and security number, provide the details of your existing Cash Account in this section. Bank account name (name the bank account is held in) BSB number Bank account number Nominated account This section must be completed. Your nominated account must be held in the same name as your Cash Account (and equal to 40 characters (or less) in length). Bank account name (name the bank account is held in) 1111 BSB number Bank account number External linked accounts Provide details of external linked accounts to which you want your financial adviser to be able to transfer cash using AdviserNET. External linked account 1 Bank account name (name the bank account is held in) BSB number Bank account number Account nickname * External linked account 2 Bank account name (name the bank account is held in) BSB number Bank account number Account nickname * External linked account 3 Bank account name (name the bank account is held in) BSB number Bank account number Account nickname * * A nickname is the name used to refer to an external linked account on Phone and Internet Banking and AdviserNET to help you and your financial adviser identify the account, for example, Holiday account or Fred s account. 19 Asgard ewrap Investment Application

49 11. Authority to transfer cash Do you wish to give your financial adviser authority to transfer cash from your Cash Account to your nominated account, external linked accounts and any other Cash Accounts held under the same client number? 4 Yes, my/our financial adviser is granted authority to transfer cash to my/our nominated account, external linked accounts and other Cash Accounts under my/our account/client number. OR I/We authorise my/our financial adviser to give, and Asgard to accept, instructions to effect the transfer of money from my Cash Account to my/our external linked accounts on my/our behalf as if they had been given by me/us. Where I/we have also granted authority to operate to my/our financial adviser, this authority to transfer cash overrides any restrictions contained in the authority to operate regarding withdrawing money from my Cash Account. This authority does not in any way limit Asgard s authority to operate your Cash Account under the terms and conditions governing your Cash Account. 4 No, my/our financial adviser is not granted authority to transfer cash to my/our external linked accounts. If you select this option you ll be required to sign instructions to transfer money from your Cash Account prior to your financial adviser electronically submitting them to us. 12. Regular direct debit deposits 4 Set up my regular deposits via direct debit as follows: My regular deposit will be (minimum $100) $ 111, commencing on and the frequency will be 4 monthly 4 quarterly 4 half-yearly 4 annually icomplete the Direct Debit Request in this application booklet. Note: You need to complete and attach the Direct Debit Request, you may elect to make a one-off or regular deposit into your account via this direct debit. You can only have one direct debit agreement for each Asgard account. If you do not select a frequency the default of month will apply. 13. Reports and information Select one of the following options for receiving reports and information: 4Online I choose to access all correspondence online address (required so we can notify you when important information is available on Investor Online): OR 4By mail I choose to receive the following correspondence by mail. Tick one preference per item below. Mail Investor Report to: 4 Investor OR 4 Financial adviser Mail Tax Report to: 4 Investor OR 4 Financial adviser Mail Tax Invoices: 4 Yes OR 4 No Notes: If you select Online: you acknowledge and agree that you have read and accept the terms and conditions for estatements and online communications set out in the Other information section of the Additional Information Booklet; you'll still get some reports, statements and letters by mail as we're progressively moving to estatements. Further information 4I'd like to receive information, special offers and exclusive opportunities about other products or services. 14. Adviser fee Establishment Your financial adviser may charge an establishment fee in relation to the set up on your account. Indicate the fee (excluding GST) which will be deducted from your initial deposit into your Cash Account. Establishment fee*: $ 11, (This fee will only be deducted once.) * If you don t nominate a fee the default will be $0.00. Note: The above adviser fee option is for financial advice and related services provided by your financial adviser in relation to your account. The Adviser fee Establishment may be described as an Establishment fee in your periodic statements, information accessed via Investor Online and any other materials you may receive from us. 20 Asgard ewrap Investment Application

50 15. Advice fee - Upfront Nominate the maximum upfront fee (excluding GST) that will apply to all managed investment purchases. This fee can be reduced at the time of investing. Upfront fee*: 1.11% (maximum 5%) * If you don t nominate a fee the default will be 0%. Note: The above adviser fee option is for financial advice and related services provided by your financial adviser relating directly to purchases of managed investments through your account. A percentage adviser fee is not permitted where the transaction involves borrowed monies eg from a margin loan. 16. One-off adviser fee Nominate the one-off adviser fee (excluding GST) to be paid to your financial adviser. This fee will be deducted only once, during the next fee routine (generally during the first 2 weeks of the month). Please note, an establishment fee can also be nominated in section 14 which will apply upon the initial deposit to the Cash Account. One-off adviser fee $ 11, Note: If an amount is not specified, the one-off adviser fee will be $0.00. The above adviser fee option is for financial advice and related services provided by your financial adviser in relation to your account. 17. Ongoing adviser fee Select the monthly adviser fee option below and nominate the fee (excluding GST). This fee will be deducted each month from your Cash Account. 4 Flat dollar fee of $ 11, per month 4 Apply annual increase in line with the Consumer Price Index (CPI) released for the previous quarter. OR Increase to start in 4 January 4 April 4 July 4 October Year Flat percentage fee of OR Cash 1.11% per annum (maximum 5%) Managed investments 1.11% per annum (maximum 5%) Shares 1.11% per annum (maximum 5%) 4Sliding scale (applied to the combined value of managed investments and shares only). Complete the table below: First $ 111,111.22per annum 1.11% Next $ 111,111.22per annum 1.11% Balance over $ 111,111.22per annum 1.11%1 Note: The above adviser fee option is for financial advice and related services provided by your financial adviser in relation to your account. A percentage adviser fee is not permitted where the transaction involves borrowed monies eg from a margin loan. 21 Asgard ewrap Investment Application

51 18. Share trading 4I wish to trade/hold listed securities through my ewrap Investment account Share account type Choose from either a Sponsored or Custodial share account. Please note, you must select one or the other, you cannot select both. If you do not make a selection we will default you to the Sponsored share account. 4 4 Type of share account Sponsored share account (listed securities held in your own name) Custodial share account (listed securities are held in Asgard s name with you as beneficial owner) HIN set up: 4 4 Additional information I require a new HIN. I want to transfer an existing HIN. (To transfer an existing HIN, please complete the CHESS sponsorship transfer form broker sponsored in the application booklet.) Dividend election: 4 Cash 4 Reinvest (DRP) Notes for Custodial share account: A Custodial Share account fee of $300 pa (incl. GST net of RITC) is charged monthly in arrears. The fee is charged from the time a Custodial share account is set up and applies even if no listed securities are held. You will be issued with a new HIN (you cannot transfer an existing HIN). If you wish to transfer listed securities you already hold to your share account, you will need to complete the standard off-market transfer form for each individual shareholding you re transferring. You can obtain this form through your financial adviser. The dividend election will be applied across all share holdings in your account. Where reinvesting (DRP) is not available for a listed security, the dividend will be paid into the Cash Account. You will need to allow sufficient time for share registries to process any changes to a dividend election prior to their cut-off time. Refer to Custodial share account in the How your account works section of the Additional Information Booklet for more information. Tax parcel selection Indicate which tax parcel selection method you wish to apply to share sales in your account: 4 Minimise gain 4 Maximise gain 4 First in first out 4 Modified FIFO Please note: If you do not make a selection we will default you to Minimise gain. For more information, please refer to the Tax features section of the Additional Information Booklet. E*TRADE share trading application 4 I wish to apply for an E*TRADE online share trading account.* * If you have selected a Sponsored share account, you will need to complete the E*TRADE online share trading application (located in the back of this application booklet) and send this form to E*TRADE in order to set up your E*TRADE trading account. Please note that the E*TRADE online share trading application does not need to be completed if you have selected a Custodial share account. Note: Contract notes will be ed 19. Initial deposit Indicate the amount of your initial deposit into your Cash Account. 4 I will be depositing electronically $ 1,111, AND/OR 4 A cheque for $ 1,111, is attached. Cross cheques Not negotiable and make them payable to ewrap Investment account name of investor (for example, John Smith Pty Ltd) AND/OR 4 Please deposit by direct debit $ 1,111, i Complete the Direct Debit Request in this application and attach it to the application. 22 Asgard ewrap Investment Application

52 20. Adviser s details and declaration (Your financial adviser will complete this section) - Mandatory By completing this section, you (the financial adviser) authorise us to collect, maintain, use and disclose your personal information in the manner set out in our privacy policy, a copy of which can be obtained free of charge from our Customer Relations team. Adviser s company Adviser s name AFS Licensee name AFSL number Adviser s phone Adviser s code BA 11 Adviser address Declaration by financial adviser I confirm that I have conducted the relevant customer identification procedure in line with the obligations under AML/CTF Law, and: I have attached the necessary certified proof of identity documents with the application; or I have sighted and retained copies of the necessary certified proof of identity documents as recorded in the Verification procedure table in this booklet. I agree that where my client has agreed to adviser fees as part of this account application, this form once properly completed and signed constitutes an agreement between myself, Asgard and my client and that I am entering into this agreement on my own behalf and, where I am a representative of a dealer group, as agent of the dealer group. Signing this form constitutes a request for payment by and on behalf of my client of agreed adviser fees. I have ensured that my client has agreed to the payment of adviser fees and has signed this form. I represent and warrant that the financial advice and related services for which adviser fees will be deducted from my client s account and paid to myself (or to my dealer group who will receive the payment on my behalf) relate solely to my client s interest in the account to which this form relates. Where adviser fees relate to purchases of managed investments through my client s account, the financial advice and related services provided will relate directly to those purchases. I represent and warrant that the amount of each agreed adviser fee is, and will be, proper and reasonable in respect of the financial advice and related services that have been, or will be, provided. Please note: If more than 2 documents are required to verify the customer(s), please provide required details (as per the below table) on a separate sheet. Refer to the Record of Verification of the relevant IFSA form. Record of proof of identity (ID) Verified from Document type Document issuer/website Issue date/search date Expiry date Document number Accredited English translation Date verified ID document 1 ID document 2 4 Original 4 Certified copy 4 Original 4 Certified copy 4 Performed search 4 Performed search NA Sighted NA Sighted Signature(financial adviser) Date Dealer stamp 23 Asgard ewrap Investment Application

53 21. Certification of US Tax Status We are required to identify certain US persons in order to meet account information reporting requirements under local and international laws. If you or (where you are applying on behalf of an entity) the entity and/or any office bearer* of the entity and/or any individual who holds an interest in the entity of more than 25% (a Controlling Person) are a US citizen or US tax resident, you must telephone at the time of completing this application. When you contact us you will be asked to provide additional information about your US tax status and/or the US tax status of the entity and/or any Controlling Person which will constitute certification of US tax status for the purposes of this application. Unless you notify us that you or (where you are applying on behalf of an entity) the entity and/or any Controlling Person are a US citizen or US tax resident as specified above, by completing this application you certify that you or (where you are applying on behalf of an entity) the entity and/or any Controlling Person are not a US citizen or US tax resident. If at any time after account opening, information in our possession suggests that you, the entity and/or any Controlling Person may be a US citizen or US tax resident, you may be contacted to provide further information on your US tax status and/or the US tax status of the entity and/or any Controlling Person. Failure to respond may lead to certain reporting requirements applying to the account. * Director of a company, partner in a partnership, trustee of a trust, chairman, secretary or treasurer of an association or co-operative 22. Acknowledgements I/We: confirm that, at the time this application was given to me/us, I/we were given access by the same means to (or a paper copy of) the current* ewrap Investment Financial Services Guide (and IDPS Guide) (the Guide) consisting of the Guide and the Additional Information Booklet and any Supplementary Financial Services Guide (and IDPS Guide), accompanied by the current* Cash Account PDS, and any Supplementary Cash Account Product Disclosure Statement (PDS) which I/we have read and understood, agree to be bound by the Custody Service Deed dated 31 May 2002, the other terms and conditions applying to my/our account set out in the Guide and the Additional Information Booklet, the CHESS sponsorship terms and conditions (if you choose a Sponsored share account) set out in the Additional Information Booklet and the Cash Account terms and conditions in the Cash Account PDS, as each of them may be amended from time to time, (if you choose a Sponsored Share account) instruct Asgard, after acceptance of my/our application, not to send me/us a further copy of the CHESS sponsorship terms and conditions or a copy of the executed Sponsorship Agreement, expressly acknowledge the Important information section in the Guide, give the Investor acknowledgements and authorities as described in the Other information section in the Additional Information Booklet, confirm all details in the application are true and correct, agree to receive any communications (including any confirmation of any transaction or dealing, notice of material changes and significant events and other information I/we may request) and documents (including product disclosure statements for underlying managed investments and periodic reports) which Asgard or St.George is required or permitted to give, or has agreed to give, to me/us relating to my/our account via Investor Online, or any other electronic means chosen by Asgard or St.George (and for these purposes, I/we agree I/we will be taken to have received the relevant information whether or not I/we access the information). acknowledge that by investing through this ewrap Investment account, I/we do not have access to some of the rights and entitlements that would otherwise be available to us as a retail investor if I/we invested in the underlying financial products directly. understand that this includes not having the same rights as direct retail investors or not having access to: cooling-off rights, withdrawal rights and voting rights. have read and understood the information about these rights in the section: Your rights when investing through this account are different to when investing directly in the General Information section of the Guide. acknowledge that I/we have read and understood the information in the section: What will occur if you no longer have a financial adviser in the General information section of the Guide, and that I/we may be adversely affected if I/we no longer have a financial adviser to provide financial product advice or act on my/our behalf in relation to my/our investments held through this account. By signing this Form, I/we consent to Asgard deducting and paying agreed adviser fees to my/our financial adviser (or to their dealer group who will receive the payment on behalf of my/our financial adviser) from my/our account on my/our behalf, as remuneration for financial advice and related services that my/our financial adviser provides in relation to my/our account. * As confirmed by my/our financial adviser. 24 Asgard ewrap Investment Application

54 21. Acknowledgements (continued) If the account is in joint names, both people must sign. Applicant 1 Trustee 1 Director Sole Director Sole Secretary Signature Date Applicant 2 Trustee 2 Director Secretary Signature Date Applicant 3 Trustee 3 Signature Date Applicant 4 Trustee 4 Signature Date Asgard ewrap Investment Application

55 ewrap Investment CASH Connect Account signature card Each CASH Connect Account signatory must print their name and sign in the space provided. This form must be sent to Asgard, PO Box 7490, Cloisters Square WA 6850 with your ewrap Investment account application. This form must be attached to your application. OFFICE USE ONLY Branch Branch contact name Date Branch phone number BSB Bank account number Bank account name (name the bank account is held in) Method of operation Authorised by (signature) Authorised signature number New account signatures Signatory 1 Signature Full name Signatory 2 Signature Full name Signatory 3 Signature Full name Signatory 4 Signature Full name 27 ewrap Investment Cash Connect Account signature card

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61 Direct debit request Complete this form in BLOCK LETTERS and post it to: Asgard, PO Box 7490, Cloister Square, WA Questions? Call our Customer Relations team on Note: Privacy laws protect your privacy. Please read our privacy policy for more information which can be obtained from Please ensure your bank account is functional before submitting this form. 1. Account details ewrap Investment account number (if known) ewrap Investment account name 2. Australian financial institution account details Provide details of the account which is to be debited: Bank account holder name BSB number Bank account number Name of financial institution Branch name and address State Note: Direct debiting is not available on the full range of accounts. If in doubt, please refer to your financial institution. You can only have one direct debit request for each Asgard account. You may only have one direct debit lodged per day. Postcode 3. Declaration and signature I/We: request Asgard Capital Management Ltd ABN (Asgard), until further notice in writing, to debit my/our account described in section 2, with any amounts which (User ID number ) may debit or charge me/us through the Bulk Electronic Clearing System (BECS). understand and acknowledge that Asgard may, by prior arrangement and advice to me/us, vary the amount or frequency of future debits. agree to the terms of the Direct Debit Request Service Agreement in this booklet. Authorised signatories on the account specified in Section 2 sign here (if the mode of operation is two to sign then both signatories need to sign this form). Signature 1 Date Full name Signature 2 Date Full name 1

62 Direct debit request service agreement This agreement sets out the terms on which we accept and act under a Direct Debit Request (DDR) you give us to debit amounts from your account under the Bulk Electronic Clearing System (BECS). It is additional to the arrangement under which you make payments to us. Asgard Capital Management Ltd ABN ( we or us ), User ID: Level 38, Central Park 152 St George s Terrace, Perth, WA You have entered or are about to enter into an arrangement under which you make payments to us. You want to make those payments by use of the BECS. Ensure that you keep a copy of this agreement as it sets out certain rights you have against us and certain obligations you have to us due to giving us your DDR. When we are bound by this agreement 1. We agree to be bound by this agreement when we receive your DDR complete with the particulars we need to draw an amount under it. What we agree to and what we can do 2. We only draw money out of your account in accordance with the terms of your DDR. 3. We do not give you a statement of the amounts we draw under your DDR. 4. On giving you at least 14 days notice, we may: change our procedures in this agreement; change the terms of your DDR; or cancel your DDR. 5. You may ask us to: alter the terms of the DDR; defer a payment to be made under your DDR; stop a drawing under your DDR; or cancel your DDR by ing [email protected] or writing to Asgard, PO Box 7490, Cloister Square WA We will require a new direct debit form if you are changing your financial institution or where you have deferred a direct debit for more than three months. 6. You can dispute any amount we draw under your DDR by calling our Customer Relations team on ; or ing [email protected] or writing to Asgard, PO Box 7490, Cloisters Square, WA We deal with any disputes under Clause 6 of this agreement as follows. We and our bank review our respective records. If necessary we contact your financial institution to review its records. We advise you and your financial adviser in writing within two to four weeks, depending on the nature and extent of the dispute, and the measures taken to resolve it. 8. If the day on which you must make any payments to us is not a business day, we will draw on your account under your DDR on the first business day following that day. 9. If your financial institution rejects any of our attempts to draw an amount in accordance with your DDR, we contact you and your financial adviser in writing. After three consecutive rejections we advise you and your financial adviser in writing that you can no longer make payments by direct debit. Should we purchase managed investments on your behalf with the proceeds of the DDR, and your financial institution does not honour the DDR, managed investments may have to be sold. We cannot be held responsible for the effect of this buying and selling. 10. We will not disclose to any person any information you give us on your DDR, which is not generally available, unless: you dispute any amount we draw under your DDR and we need to disclose any information relating to your DDR or to any amount we draw under it to the financial institution at which your account is held or the financial institution which sponsors our use of the BECS or both of them; you consent to that disclosure; or we are required to disclose that information by law. 1 ewrap Investment Direct debit request service agreement

63 What you should consider 11. Not all accounts held with a financial institution are available to be drawn on under the BECS. 12. Before you complete your DDR, it is best to check account details against a recent statement from your financial institution to ensure the details on your DDR are completed correctly. 13. If you are uncertain when your financial institution processes an amount we draw under your DDR on a day which is not a business day, enquire with your financial institution. 14. It is your responsibility to ensure there are sufficient clear funds available in your account, by the due date on which we draw any amount under your DDR, to enable us to obtain payment in accordance with your DDR. 15. We request you to direct all requests to stop or cancel your DDR to us initially and all enquiries relating to any dispute under Clause 6 of this agreement to us initially or your financial institution. Asgard Capital Management Ltd ABN AFSL Customer Relations PO BOX 7490, Cloisters Square WA

64 ewrap Investment E*TRADE online share trading application Execution and settlement through ETRADE AUSTRALIA SECURITIES LIMITED ACN (E*TRADE), a member of the Australian Securities Exchange and holder of Australian Financial Services Licence Number Complete this form if you wish to set up an E*TRADE share trading account (applies to Sponsored share accounts only. You are not required to complete this application for Custodial share accounts). Your ewrap Investment account must be activated first before E*TRADE can establish your trading account. Complete this form in BLOCK LETTERS using black ink and: post it to E*TRADE Australia, Reply Paid 1346, Royal Exchange NSW 1224 or scan and it to [email protected] or fax it to (please don t send the original as well) PLEASE SEND THIS FORM DIRECTLY TO E*TRADE. DO NOT SEND THIS FORM TO ASGARD. 1. Account details Account type (tick one) 4Personal 4Joint tenants 4Company (ACN required) 4 Superannuation fund/adf 4 Registered body (ARBN required) 4 Trust (Please specify which trust type below, eg personal, joint, company, joint trust for super, company as trust for super) ewrap Investment account number ACN or ARBN (for company or registered body application only) ACN OR ARBN Account holder 1/Company contact Please provide the personal and contact details for an individual, trustee custodian or company director. Account holder 2 is for joint name accounts only. Title Surname Given names Date of birth Gender Male 4 Female Position held Occupation Phone (Home) Phone (Mobile) E*TRADE online share trading application

65 4. Account holder 2/Company contact Title Surname Given names Date of birth Gender Male 4 Female Position held Occupation Phone (Home) Phone (Mobile) Residential address or registered business address Please provide a residential address for individual or joint accounts. For company, super and trust accounts, please provide the registered address. Please note that we can accept Australian and New Zealand addresses only (PO Box addresses cannot be accepted) Address State 111 Postcode Postal address (if different from above) Please note that if you are transferring securities, your postal address should be EXACTLY the same as your last holding statement. Address State 111 Postcode If you wish to have your contract notes posted to your financial adviser, please tick here. 7. Trade confirmations Your trade confirmations will be ed to you.8 8. Acknowledgements/declaration 1. I/We have read and agree to be bound by the Online Share Trading terms and conditions with E*TRADE in the ewrap Investment Additional Information Booklet, as varied from time to time. 2. I/We authorise my financial adviser to give effect to my instructions regarding execution and settlement of my/our securities transactions. I/We will be bound by all such instructions. 3. I/We acknowledge that: 3.1. ETRADE Australia Securities Limited may charge brokerage on trading in securities which may differ to the brokerage rates published by E*TRADE from time to time 3.2. the brokerage charge may include other fees as negotiated with my financial adviser 3.3. E*TRADE may receive fees or pay rebates for providing execution services in relation to securities transactions. 2 E*TRADE online share trading application

66 9. Signatures Individual/Joint account holders/trustee(s) sign here If the account is in joint names, all account holders must sign. If there are more than two trustees, attach additional signatures. Signature Date Signature Date For joint applicants, please indicate signatory requirements for all written instructions: Either applicant to sign 4 All applicants to sign 4 Companies or trustee companies sign here Director/Sole Director and Sole Secretary (delete as applicable) Secretary/Director (delete as applicable) Date PLEASE ENSURE THAT YOUR FINANCIAL ADVISER COMPLETES THEIR DETAILS OVERLEAF. 3 E*TRADE online share trading application

67 10. Adviser details (this section MUST be completed) Adviser s company Adviser s address State 111 Postcode 1111 Adviser s name Adviser s phone Adviser s Adviser s code BA 11 Adviser s dealer Dealer s address State 111 Postcode 1111 Dealer stamp 4 E*TRADE online share trading application

68 CHESS Sponsorship transfer form Broker-sponsored This form applies to Sponsored share accounts only. For Custodial share accounts, a standard off market transfer form is required to be completed for each share you want to transfer. Complete this form in BLOCK LETTERS using black ink and: post it to Asgard, PO Box 7490, Cloisters Square WA 6850 i Please also attach the latest copy of your broker-sponsored statements. Questions? Call our Customer Relations team on or [email protected]. Note: Privacy laws protect your privacy. Read our privacy policy for more information which can be obtained from 1. Account details ewrap Investment account number (if known) Account name 2. Existing broker details Existing broker 3. CHESS account details Complete these details as per your broker-sponsored statement/s. HIN Transfer to Asgard as CHESS participant sponsor of (tick one): my existing HIN* (all my holdings) some of my holdings *Note: An existing HIN cannot be transferred if you already have an ewrap account HIN. List all the shares being transferred below. ASX code Share name No. of shares to be transferred 1 CHESS Sponsorship transfer Broker-sponsored

69 4. Signatures I/We authorise and direct Asgard, a participant in CHESS, to become my/our CHESS sponsor in relation to the securities for which CHESS account details are given in section 3. I/We have read, understood and agreed to the CHESS sponsorship terms and conditions relating to my/our account. I/We also confirm the details given in this form are correct. Individual/Joint account holders/trustee(s) sign here If the account is in joint names, all account holders must sign. If there are more than two trustees, attach additional signatures. Signature Date Signature Companies or trustee companies sign here Director/Sole Director and Sole Secretary (delete as applicable) Date Secretary/Director (delete as applicable) Date Asgard Capital Management Ltd ABN AFSL Customer Relations PO BOX 7490, Cloisters Square WA CHESS Sponsorship transfer Broker-sponsored

70 Attachment for section 3 CHESS account details Complete a separate page for each security to be transferred. Total units transferring must match the total Tax Lots completed below. Alternatively you can attach a spreadsheet with the acquisition details. Account name Account number Security ASX Code Total Units Transferring,, Acquisition details Acquisition types: B Bonus share C Convertible note conversion D Dividend reinvestment E Estate distribution F Float O Options Take-up P Purchase PL Placement R Rights take-up SP Split T Takeover W Warrants exercised Acquisition type (see above types tick one box) CGT Acquisition Date Number of units (Tax Lot units) Cost Base adjusted for Tax Deferred Reduced Cost Base P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP 3 CHESS Sponsorship transfer Broker-sponsored

71 Acquisition details Acquisition types: B Bonus share C Convertible note conversion D Dividend reinvestment E Estate distribution F Float O Options Take-up P Purchase PL Placement R Rights take-up SP Split T Takeover W Warrants exercised Acquisition type (see above types tick one box) CGT Acquisition Date Number of units (Tax Lot units) Cost Base adjusted for Tax Deferred Reduced Cost Base P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP P D R T W C B E F O PL SP 4 CHESS Sponsorship transfer Broker-sponsored

72 Customer Relations Asgard Capital Management Ltd ABN AFSL Correspondence Asgard PO Box 7490 Cloisters Square WA 6850 AS10597_0714ex